China and the United States, the world's two largest emitters of greenhouse gases blamed for global warming, launched a joint research effort on Wednesday to produce more fuel-efficient vehicles and buildings.

"I know we can accomplish more by working together than we can by working alone," U.S. Energy Secretary Stephen Chu said at a press briefing with Chinese officials.

Chu said the United States and China would commit an initial $15 million to the project, which will also focus on new technology to reduce and sequester carbon dioxide emissions from burning coal.

Read more: http://in.reuters.com/article/businessNews/idINIndia-41056920090715

Source: Reuters India (http://in.reuters.com)