By investing in low-carbon solutions, American companies and workers can lead the clean energy and low carbon global economy of the 21st century. The Paris Agreement signals a new era of prominence for climate change on the international stage, including the expectation of ambitious U.S. actions. Going forward, ambitious domestic action on climate change will be a prerequisite for credible leadership on the international stage, influencing multilateral and bilateral relationships with our most important political and economic allies. DEVELOPING A MID-CENTURY STRATEGY President Obama announced in March 2016 that the United States would complete a mid-century low greenhouse gas emissions strategy and submit it to the UNFCCC secretariat before the end of the year.