• Commentary
  • Research
  • Experts
  • Events
Carnegie China logoCarnegie lettermark logo
{
  "authors": [
    "Wang Tao"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "",
  "centers": [
    "Carnegie Endowment for International Peace",
    "Carnegie China"
  ],
  "collections": [],
  "englishNewsletterAll": "",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie China",
  "programAffiliation": "",
  "programs": [],
  "projects": [
    "Carnegie Oil Initiative"
  ],
  "regions": [
    "North America",
    "United States",
    "East Asia",
    "China"
  ],
  "topics": [
    "Economy",
    "Trade",
    "Climate Change"
  ]
}

Source: Getty

In The Media
Carnegie China

The U.S. Should Engage China

The trade connection between the United States and China, if dealt with well, will lay a strong foundation to build a dynamic energy and climate partnership.

Link Copied
By Wang Tao
Published on Sep 28, 2014
Project hero Image

Project

Carnegie Oil Initiative

The Carnegie Oil Initiative analyzed global oils, assessing their differences from climate, environmental, economic, and geopolitical perspectives. This knowledge provides strategic guidance and policy frameworks for decision making.

Learn More

Source: New York Times

The potential for global agreement and progress on climate change lies in the relationship, and potential for collaboration, between the United States and China. These two nations hold the world's largest clean energy markets, and with the addition of efforts from leading European Union countries like Germany, renewable energy has become much more competitive with fossil fuels.

Trade between these two countries has the potential to change the larger energy and economic landscape. China is the world’s largest goods-exporting nation, excluding energy, while the U.S. remains the largest consumer. Meanwhile, the U.S. is set to become the world’s largest oil producer by 2015 and China is the largest oil importer.

And while the shale boom in North America, and its resulting energy export prospect, has given the U.S. economy a more competitive advantage in dealing with fossil fuels, significant environmental challenges and industrial overcapacity have forced the Chinese government to really try to give sustainability priority over development. The Chinese are now in a position to work with the United States on effective climate policy, and the groundswell of climate change activism in the U.S. means that this is the perfect time for Washington to reach out to Beijing.

The trade connection, if dealt with well, will lay a strong foundation to build a dynamic energy and climate partnership between U.S. and China. Energy technology and climate policy collaboration between the world's two largest emitters have the potential to build a partnership that could inspire the rest of the world in the Paris talks in 2015.

This article was originally published in the New York Times.

About the Author

Wang Tao

Former Nonresident Scholar, Carnegie-Tsinghua Center for Global Policy

Wang Tao was a nonresident scholar in the Energy and Climate Program based at the Carnegie–Tsinghua Center for Global Policy.

    Recent Work

  • Article
    Xi’s Global Leadership Ambitions in the Trump Era

      Wang Tao

  • In The Media
    How the Paris Conference Is Driving China’s Gas and Oil Reforms

      Wang Tao, Yang Yifang

Wang Tao
Former Nonresident Scholar, Carnegie-Tsinghua Center for Global Policy
Wang Tao
EconomyTradeClimate ChangeNorth AmericaUnited StatesEast AsiaChina

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie China

  • Commentary
    Emissary
    Trump and Xi Are Angling for Three Years of Stability

    But their "principal to principal" model will only be as effective as the political strength of each leader back home.

      • Damien Ma

      Damien Ma

  • Commentary
    China Sells Stability Amid American Volatility

    U.S. unpredictability has allowed China to capitalize on its positioning as the “responsible great power”. Paradoxically, the more China wins the perception game, the more likely expectations will rise for Beijing to deliver not just words but to demonstrate with its deeds.

      Chong Ja Ian

  • Vietnam's Top Leader To Lam meets with young representatives from China and Vietnam participating in the "Red Study Tours" at the Great Hall of the People on April 15, 2026 in Beijing, China. T
    Commentary
    Why Vietnam Is Swinging in China’s Direction

    Hanoi and Beijing have long treated each other as distant cousins rather than comrades in arms. That might be changing as both sides draw closer to hedge against uncertainty and America’s erratic behavior.

      • Nguyen-khac-giang

      Nguyễn Khắc Giang

  • Commentary
    China’s Energy Security Doesn’t Run Through Hormuz but Through the Electrification of Everything

    Across Asia, China is better positioned to withstand energy shocks from the fallout of the Iran war. Its abundant coal capacity can ensure stability in the near term. Yet at the same time, the country’s energy transition away from coal will make it even less vulnerable during the next shock.


      • Damien Ma

      Damien Ma

  • Xi walking into a room with people standing and applauding around him
    Commentary
    Emissary
    The Xi Doctrine Zeros in on “High-Quality Development” for China’s Economic Future

    In the latest Five-Year Plan, the Chinese president cements the shift to an innovation-driven economy over a consumption-driven one.

      • Damien Ma

      Damien Ma

Get more news and analysis from
Carnegie China
Carnegie China logo, white
Keck Seng Tower133 Cecil Street #10-01ASingapore, 069535Phone: +65 9650 7648
  • Research
  • About
  • Experts
  • Events
  • Contact
  • Careers
  • Privacy
  • For Media
Get more news and analysis from
Carnegie China
© 2026 Carnegie Endowment for International Peace. All rights reserved.