First, the bad news: As you have no doubt heard, Donald Trump has pulled out of the Paris Accords, to much international criticism. The only positive words on the subject emanate from Republican congressmen and the fossil fuel industry.
Meanwhile, in the market, environmental ETFs are up as investors respond to climate woes by pumping money into funds that trade in "environmentally friendly" stock.
It almost makes one optimistic that a market-based solution to the climate crisis is possible, but this cuts both ways. Looking back at Streeck, it is further evidence that the power of policy is falling out of the hands of government and more and more the market determines what policy is. In this case, it is good for society, but I don't think we can count on that level of social consciousness in all cases.
In fact, I know we can't.