Climate change is a diffuse global challenge that requires coordinated action among nations. Scientists predict that the window for capping emissions in order to avoid a global temperature increase of 2°C is rapidly closing. Continuing with a ”business as usual” approach to greenhouse gas emissions poses a serious threat to many of the world’s ecosystems and marginalized populations. In Copenhagen in December 2009, world leaders gathered to try to forge an international agreement to address global climate change. These talks resulted in what many observers, notably in Europe, consider a weak outcome but one that nevertheless provides a framework for further international cooperation. Cooperation between the United States and Europe will be critical to solidifying a future climate agreement that includes all major emitters, including China. The United States and Europe also have an opportunity to demonstrate how well-designed climate and energy policies can lead to economic growth, new jobs, and  a safer environment. The transition to a low-carbon economy is essential to avoiding dangerous climate change, opening up new business opportunities in renewable energy and other clean technologies, and driving sustained economic growth.

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