My fear for COP 21 in Paris is that climate change stakeholders will look at taking measures, which will be unacceptable. Developed countries will be asked to pay for the pollution they have caused, while poorer countries will be asked to renounce on economic development to which they are entitled. The result will be wide-scale resistance!
As pollution in China reaches crisis proportions, leading to a drag on the economy and a rise in social unrest, the government is taking bold steps to remedy the "airpocalypse" situation through a full-scale "war on pollution." One of the biggest challenges, however, will be the ability to finance this green revolution.
California has been the epicenter of innovation in America over the last 100 years. Our companies have revolutionized the entertainment, agriculture, transportation and technology sectors. It is increasingly clear that clean energy is the next frontier in the innovation economy. California already has a head start.