China and India Energy Cooperation

What does anyone think about China and India's announcement on energy cooperation?

I've posted my own commentary here, but I would like to know from the folks here is how serious you think China and India are on co-developing biofuel and maybe even sustainable energy resources?

I think it easy to say and hard to do. This quote, from the FT article, sums it up, in my view:

"Sceptics say Chinese companies are unlikely to share their real business plans with Indian rivals, especially as they have mostly been able to outbid them. "Governments like to sign pieces of paper, but it often doesn't amount to much," one analyst said."

I can't argue too much with your commentary, which makes sense. However, the devil is in the details.