With the sudden crash in oil prices and the relief at the gas pump for drivers, you might have forgotten that last month Chinese leader Xi Jinping and President Obama struck a deal to limit greenhouse gases.
China, the world's biggest emitter of greenhouse gases, made its first-ever commitment to cap carbon emissions starting in 2030. And President Obama unveiled a plan for deeper U.S. emissions reductions through 2025. China set a goal of increasing the share of non-fossil fuels to 20 percent of its energy portfolio by 2030. President Obama announced a target to cut U.S. emissions 26 percent to 28 percent below 2005 levels by 2025.
So here is a reminder—during a news cycle when everyone is talking about the "like a tax cut for everyone!" impact of lower gas prices. You can cash in on burning less carbon, too. Rebuilding our infrastructure efficiently represents the largest wealth-creation opportunity on the globe.