Cap and Trade

Republican senators fled the state last week to prevent Democrats from voting on an expansive cap-and-trade bill to limit greenhouse gas emissions.
The move shows China is taking the lead on climate change as the U.S. retreats.
“Nothing is more serious ... than extinction,” said Gov. Jerry Brown as he signed new legislation.
Perhaps, Maddow speculated, the move will push Congress to act.
Chinese President Xi Jinping and U.S. President Barack Obama will announce the news on Friday.
"While both countries have adopted aggressive national targets and policies, implementation must ultimately occur at the local level."
The new regulations depend on the next president to enforce them.