It sounds like US companies are finally catching on that climate change has real economic costs. It seems like the main thing most US companies want is a fair playing field; we don’t want to cut *our* emissions by 50% while China and the developing world just keep pumping out all the CO2 they like.
Meanwhile, the developing world argues that they haven’t exactly been major producers in the past, so why should they have to make cuts now?
It sounds like China’s government cares about pollution and global warming largely because they realize it can have negative economic impact, and because they have a near totalitarian control over their economy they may be able to make bigger changes much more quickly than we can.
I’m cautiously optimistic as long as we don’t elect a Republican for President in 2016 we may actually be able to start making real and substantial change in the coming years. The big question is if the US wants to be a leader or a follower.