The apparent progress on emission reductions in rich countries has occurred at a time of widespread outsourcing of manufacturing to China and other developing countries. In the process, we have effectively outsourced our carbon emissions as well. If consumers are responsible for the emissions from making the consumer goods they buy, then we have not solved the problem.
Twenty years after the treaty with the United States and Canada was signed, we know that the bigger fish did not swallow the smaller, that trade between the three countries has tripled to more than $1 trillion a year and their integration has created a $19 trillion regional market with some 470 million consumers.
The Nixon-era procedure, which allows trade pacts to be signed before Congress approves them, and then to be railroaded through Congress in 90 days with limited debate and no amendments, is deemed essential to implementing the Trans-Pacific Partnership (TPP). But an interesting thing happened on the way to the long-delayed submission of the Fast Track bill.