Background Image
Table of Contents Table of Contents
Previous Page  111 / 145 Next Page
Information
Show Menu
Previous Page 111 / 145 Next Page
Page Background

111

From Copenhagen to Paris: 180-degree

turns in US and Chinese policy

A cascade of events took place in the United

States in 2009, the effects of which would not

become manifest until seven years later in 2015.

The first was the election of Barack Obama,

who long before taking office had made clear

his determination to radically change the direc-

tion of environmental and energy policy in the

U.S., a country second only to China in terms of

responsibility for CO2 emissions. Global govern-

ance in this sphere was not only an opportunity

but also a critical objective of Obama’s new road

map for the country. In his 2010 State of the

Union address, the president underlined his

conviction that “the nation that leads the clean

energy economy will be the nation that leads

the global economy”. His proposal, which en-

visaged making the climate agenda the key-

stone not only of the country’s energy policy but

its economic and national security policies as

well, represented a radical shift from the petro-

leum-centred economics and geopolitics

embraced by former president George W. Bush

and neoconservatives and a path towards even-

tual economic convergence. It was a decision

laden with ramifications for economics, geo-

politics and global governance consistent with

Obama’s declared intention to reframe security

in terms of common prosperity.

Nevertheless, the shift towards an energy

transition aligned with environmental steward-

ship would be long in coming. Progress towards

global agreements on limiting greenhouse gas

emissions and the promotion of renewable en-

ergies was painfully slow due the lack of North

American leadership. In June 2009, during

Obama’s first term in office, the Democrat-

controlled U.S. House of Representatives passed

the American Clean Energy and Security Act

(also known as the Waxman-Markey Bill), which

contemplated the creation of a cap and trade

scheme designed to reduce the country’s emis-

sions by about 80 % by 2050. The targets this

bill set out were similar to those established by

the European Union at that time. Although

justifiably criticised as being inadequate by

Global climate and energy

governance: the Paris

Climate Summit

Ana Belén Sánchez and Vicente Palacio