Skip to main content

New top story from Time: Why Action Against Climate Change Is Unlikely to Improve U.S.-China Relations

https://ift.tt/3aDZXoS

For both China and the U.S., leading the charge against climate change is a geopolitical opportunity unlike any other. And that’s exactly the problem for those hoping the common threat of global warming will improve U.S.-China relations any time soon.

For Washington, steering the worldwide fight against climate change is part of an effort to reassert global leadership after the Trump years, a key motivation underpinning this week’s U.S.-orchestrated Earth Summit. For Beijing, fronting a successful campaign against climate change provides conclusive proof to the rest of the world that not all roads need run through Washington—a missed opportunity for the Chinese during the pandemic given Beijing’s stumbling vaccine diplomacy.

The optimists will say that climate change is different than all the other fights Beijing and Washington are currently thrashing out. Working together to avert global warming is obviously positive-sum: everyone wins from a world where the polar ice caps don’t melt and destructive weather events don’t happen with increasing frequency. Unfortunately, the road to that outcome is much more competitive: any U.S. success in building better international relationships to combat climate change—not to mention giving U.S. businesses the resources and incentives to successfully confront climate challenges—will come at the expense of Chinese influence abroad. For years, China’s Belt and Road Initiative of external financing to help other countries build critical infrastructure projects was unmatched by any development efforts from the U.S. But under new climate change initiatives, the U.S. now has a way to mitigate China’s influence by pushing private sector investment, public economic aid and trade regulations towards greening the world… and expanding its own influence in the process.

Maybe it was possible to avoid this troubling state of affairs, but the relationship has deteriorated too much at this point to avoid confrontation on climate and all else—neither the U.S. nor China can escape the constraints of their domestic politics. China has embraced the narrative it has sold to its citizens that the U.S. is in terminal decline and trying to hold China down; in the U.S., anti-China sentiment is one of the few subjects on which lawmakers from both parties can still agree.

For all the positivity on the climate change front this week and the Earth Day summit, we need to brace for more U.S.-China competition in this arena rather than cooperation. Vying for climate change leadership will be less intense than the fights over trade, technology, and human rights already underway given the broad understanding that both countries benefit in the long run from mitigating climate change. But relations will still be plenty competitive, especially as addressing climate change touches on enough other contentious issues (renewable energy exports, tech IP, international financing and terms that go along with it, etc…) that will prevent the two countries from putting aside their differences and fighting together the most pressing threat of our lifetimes.

But let’s end on a more optimistic note. This past week has highlighted that there is now a more serious approach underway to deal with the climate change threat that affects us all. Europe stands to benefit by being the policy-leader in setting environmental standards and playing intermediary between the U.S. and China on the geopolitical front, both of which bolster its credentials as a critical geopolitical power while also advancing its goal of greening the world. For China, a global move away from fossil fuels makes it less vulnerable to its own foreign oil needs while also allowing it to export the green technologies (think solar panels and wind turbines) and the rare earth metals and minerals they need to run on to the rest of the world, which could put China on the path to becoming the first green energy superpower. And the U.S. now has a green energy avenue to extend financing and support (and thereby influence) to other countries while retaining the wealth and innovation that continues to make it indispensable as a global leader, if not necessarily the only global leader.

Cooperation is better than competition when it comes to fighting climate change. But competition over addressing climate change is preferable than the denialism of the past decades. If the U.S. and China must compete, it should at least be in service of a cause that benefits the world.

Comments

Popular posts from this blog

'Not Joining BJP', Sachin Pilot clears the air amid speculations surrounding political future https://ift.tt/2DDIvTz

Sachin Pilot has reiterated that he is not joining BJP amid speculations surrounding his political future after he openly rebelled against the 'slavery' of the Congress high command. Pilot has reportedly told news agency ANI that he will not be joining BJP.  from IndiaTV: Google News Feed https://ift.tt/32mgY3o

New top story from Time: 42% of Women Say They Have Consistently Felt Burned Out at Work in 2021

https://ift.tt/3CRangt Both men and women are feeling even more burned out in 2021 than they were in 2020. Given that the labor force is sojourning through a second year of dangerous work conditions, a lack of childcare options and unprecedented workforce dropout, the fact that Americans are feeling high stress levels isn’t all that surprising. But a distressing new report suggests that pressure put on women to balance work and childcare is leading to disproportionate levels of strain. The annual Women in the Workplace report from McKinsey & Co. and LeanIn.Org found that the gap between women and men who say they are burned out has nearly doubled in the last year. In the survey, which polled more than 65,000 North American employees, 42% of women and 35% of men reported feeling burned out often or almost always in 2021, compared to 32% of women and 28% of men last year. [time-brightcove not-tgx=”true”] We’ve known for quite some time that women are feeling the burdens...

New top story from Time: I Left Poverty After Writing ‘Maid.’ But Poverty Never Left Me

https://ift.tt/3kXte3r I signed my first book contract without paying much attention to what it said. I didn’t know at the time that the book would be a best seller or that it would one day inspire a Netflix series . I just needed the money. I was a single mom with a 2-year-old and a 9-year-old, living in low-income housing, and because of a late paycheck, I hadn’t eaten much for a few weeks, subsisting on pizza I paid for with a check I knew would bounce. This wasn’t my first bout of hunger. I had been on food stamps and several other kinds of government assistance since finding out I was pregnant with my older child. My life as a mother had been one of skipping meals, always saving the “good” food, like fresh fruit, for the kids I told myself deserved it more than I did. The apartment was my saving grace. Housing security, after being homeless and forced to move more than a dozen times, was what I needed the most. Hunger I was O.K. with, but the fear of losing the home wher...

FOX NEWS: Couple gets married at 'most beautiful' Taco Bell: 'It was the best of both worlds' Analicia Garcia, 24, and Kyle Howser, 25, from Sacramento, California, got married on Tuesday, Oct. 26 and had their reception at the famous Pacifica, California, Taco Bell.

Couple gets married at 'most beautiful' Taco Bell: 'It was the best of both worlds' Analicia Garcia, 24, and Kyle Howser, 25, from Sacramento, California, got married on Tuesday, Oct. 26 and had their reception at the famous Pacifica, California, Taco Bell. via FOX NEWS https://ift.tt/bGAoiKV

FOX NEWS: Football buttercream sugar cookies for game day dessert These football-shaped cookie treat are perfect for a touchdown celebration.

Football buttercream sugar cookies for game day dessert These football-shaped cookie treat are perfect for a touchdown celebration. via FOX NEWS https://ift.tt/2WqyuD1

New top story from Time: Huawei Executive Returns as China Releases Two Canadians

https://ift.tt/3o7Dp7p SHENZHEN, China — An executive of Chinese global communications giant Huawei Technologies returned from Canada Saturday night following a legal settlement that also saw the release of two Canadians held by China, potentially bringing closure to a nearly 3-year-long feud embroiling Ottawa, Beijing and Washington. Meng Wanzhou, Huawei’s chief financial officer and the daughter of the company’s founder, arrived Saturday evening aboard a chartered jet provided by flag carrier Air China in the southern technology hub of Shenzhen, where Huawei is based. Her return, met with a flag-waving group of airline employees, was carried live on state TV, underscoring the degree to which Beijing has linked her case with Chinese nationalism and its rise as a global economic and political power. [time-brightcove not-tgx=”true”] Wearing a red dress matching the color of China’s flag, Meng thanked the ruling Communist Party and its leader Xi Jinping for supporting her t...

MLA hostel in Mumbai evacuated after bomb scare https://ift.tt/3n307dK

An MLA hostel in south Mumbai was evacuated after the city police received a phone call about a bomb being placed in the building, an official said on Tuesday. However, no bomb was found after a search in the premises and the phone call turned out to be a hoax, he said. The incident took place on Monday night when an unidentified person called the police, saying a bomb was placed inside the Akashvani MLA hostel, located near the state secretariat, the official said.

New top story from Time: How the GameStop Trading Surge Will Transform Wall Street

https://ift.tt/3a6hpB2 For years, professional money managers and hedge funds have tsk-tsked about individual investors. They have dismissed them as “dumb money” and cautioned that so-called “retail” investors lack the acumen and experience to make the right calls and weather the inevitable storms. That has often been the case, but then came the GameStop phenomenon , when a tsunami of that so-called dumb money flooded parts of the stock market, leaving Wall Street professionals not just scratching their heads but a few of them badly wounded . And while this might be an anomaly, it more likely is the first rumbling of what will prove to be radical transformation of money and markets. In less than a week, shares of the company GameStop rose more than seventeen-fold by the end of trading on January 27 after its prospects were touted two weeks ago on a Reddit sub-group called r /wallstreetbets that has several million subscribers. GameStop, a retail chain that started as a hu...

New top story from Time: Making Meals From Mealworms Is ‘Part of the Answer’ to the Climate Crisis, the CEO of Ynsect Says

https://ift.tt/3kKguwZ (To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here .)   Global food production accounts for one-third of all greenhouse-gas emissions, according to a comprehensive study published this year in the journal Nature Food that looked at every aspect of food production from transportation to packaging. Meat production alone makes up nearly 60% of that total. The study underscores the growing consensus that in order to stave off the worst impacts of climate change, the world needs a dramatic rethinking of how food is produced and consumed . Especially since the U.N. estimates that food production will have to increase by 70% by 2050 to feed the world’s growing population. [time-brightcove not-tgx=”true”] Increasingly, companies and scientists are viewing insects as an environmentally sustainable alternative source of protein. Crickets, grasshoppers and beetles are already commercially produce...

New top story from Time: The Rolling Stones Open Their American Tour, Paying Tribute to Drummer Charlie Watts

https://ift.tt/3o7cVTy ST. LOUIS — The Rolling Stones are touring again, this time without their heartbeat, or at least their backbeat. The legendary rockers launched their pandemic-delayed “No Filter” tour Sunday at the Dome at America’s Center in St. Louis without their drummer of nearly six decades. It was clear from the outset just how much the band members — and the fans — missed Charlie Watts, who died last month at age 80. Except for a private show in Massachusetts last week, the St. Louis concert was their first since Watts’ death. The show opened with an empty stage and only a drumbeat, with photos of Watts flashing on the video board. After the second song, a rousing rendition of “It’s Only Rock ‘N’ Roll (But I Like It),” Mick Jagger, Keith Richards and Ronnie Wood came to the front of the stage. Jagger and Richards clasped hands as they thanked fans for the outpouring of support and love for Watts. Jagger acknowledged it was emotional seeing the photos of Watts....