The California Air Resorces Board Is Made Up Of Morons
The CARB has decided to fight Global Warming Climate Change by instituting cap and trade for our state. This means we will have new regulations, new taxes, new governmental entities, blah blah blah ...
China* has decided not to do this. Here's a graphical representation of what this means.
* - Neither has India, Russia, Brazil, Indonesia, ... I didn't have enough space on the graphic to add all of them. That is left as an exercise for the reader.