In a few short months, world delegates will descend on Paris to debate over an acceptable framework on energy policies for their respective countries, one designed to hold global temperatures to a 2C degree increase over preindustrial levels. If this feels like a familiar film, it's because we have been there before.
The current trade regime is not just a matter of the U.S. exporting manufacturing jobs to China and importing cheaper consumer goods. We are also dramatically increasing the volume of pollution associated with our consumption, so much that a significant part of U.S. pollution is now generated in China in the production of goods for U.S. consumers.
The historic focus of climate diplomacy on caps and cuts may slow down progress on recognition that rapidly lowering the carbon intensity of every nation's economy, while making low carbon economies more dynamic and robust, is the most promising pathway to a critical mass of ambitious climate commitments in Paris.