China Can Take Reins of Clean Energy Boom Should U.S. Falter
Jackson Ewing's Op-Ed in The Hill
This is an excerpt from an article that was originally published by The Hill on April 10, 2017. In it, the Asia Society Policy Institute's Director of Asian Sustainability, Jackson Ewing, argues that China and other countries will reap the benefits if the United States recedes from the energy sources of tomorrow in favor of those of the past.
Early signs suggest climate change was conspicuously absent from the just-concluded summit between President Donald Trump and Chinese President Xi Jinping at the Mar-a-Lago resort in Florida.
With Trump recently making good on his promises to roll back President Obama’s climate and clean energy agendas and Xi assuring the world that China will face climate change head-on, this absence is not surprising.
Still, it is a troubling departure from an important bilateral bright spot. In March of last year, then-President Barack Obama and Xi declared climate change to be a "pillar of the U.S.-China bilateral relationship" and committed to ratifying the 2015 Paris Agreement, which they did while bringing on much of the international community with them.
This announcement was the culmination of over two years of cooperation that saw the U.S. and China reach tit-for-tat agreements on clean energy and emissions reduction targets. The two countries collectively account for over 40 percent of global greenhouse gas emissions, making their rapprochement the most important diplomatic climate development of this century.
Jackson Ewing, Environmental Defense Fund's Xiaolu Zhao, and SinoCarbon's Zhibin Chen discuss what China's just-launched emissions trading scheme will mean for climate change.
Kevin Rudd and Alistair Ritchie write that support would drive the cross-ministry coordination needed to ensure the emissions trading system helps China achieve its climate goals.
Kevin Rudd and Alistair Ritchie write that China's ETS is set to become the world's single most important climate mitigation policy.
Alistair Ritchie and Jackson Ewing write that China, Japan and South Korea can be leaders in the fight against climate change if they ensure policies align with their ambitious goals.
Alistair Ritchie delivered a presentation for the 11th International Greenhouse Gas Conference on Prospects for Carbon Markets in 2030.