Australia, U.S. to hold discussion on energy

 CANBERRA, Nov. 16 (Xinhua) -- Australia and the United States will have a bilateral¹ discussion on energy supply and security in 2013, Australian Minister for Resources and Energy Martin Ferguson said in a statement on Friday.

This bilateral discussion will be held between the Australian Department of Resources, Energy and Tourism and the U.S. Department of State, and the first half of 2013 is a target date for the first round.

Ferguson met U.S. Secretary of State Hillary Clinton in Adelaide on Thursday and discussed the importance of global and regional governance architecture that supports reliability² and security of competitively priced supply for resources and energy importers, and creates a framework for the participation³ of emerging economies.

They also concluded both Australia and the United States recognize that global energy security and concerns about the climate are driving the uptake of clean and efficient renewable energy technologies.

The United States is the largest source of foreign investment capital in Australia, with cumulative⁴ investments estimated at over 550 billion dollars in 2011, with Australia having over 400 billion dollars invested in the United States.

1 bilateral   

adj.双方的，两边的，两侧的

参考例句：

• They have been negotiating a bilateral trade deal.他们一直在商谈一项双边贸易协定。
• There was a wide gap between the views of the two statesmen on the bilateral cooperation.对双方合作的问题，两位政治家各自所持的看法差距甚大。

2 reliability   

n.可靠性，确实性

参考例句：

• We mustn't presume too much upon the reliability of such sources.我们不应过分指望这类消息来源的可靠性。
• I can assure you of the reliability of the information.我向你保证这消息可靠。

3 participation   

n.参与，参加，分享

参考例句：

• Some of the magic tricks called for audience participation.有些魔术要求有观众的参与。
• The scheme aims to encourage increased participation in sporting activities.这个方案旨在鼓励大众更多地参与体育活动。

4 cumulative   

adj.累积的，渐增的

参考例句：

• This drug has a cumulative effect.这种药有渐增的效力。
• The benefits from eating fish are cumulative.吃鱼的好处要长期才能显现。