California approves extensive carbon-trading scheme

BBC News ^ | 12-17-10

[pyx]

California is far past even attempting to save it.

[VRW Conspirator]

I am afraid to say it. The only thing that might save Californication is an earthquake.

[The Comedian]

OK, who unloaded the bad acid into the California water supply?

Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

[pyx]

When California is deemed 'too big to fail', the rest of America will be expected to bail them out and pay for California's insanity.

[The Comedian]

California - the world's eighth largest economy

It is hard for me to believe that.

You have to ignore the minus sign in front of the total value figure.

Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

[stillfree?]

perfect explanation.

[calcowgirl]

In 1980, we were 9th.
In 2002, we were 5th.
In 2007, we were 6th.
In 2008, we were 7th.
In 2009, we were 9th

The death spiral continues.

[rickb308]

“Question: when will they deliver the coup de grâce to their remaining businesses and taxpayers?”

I think they just did.

[upchuck]

Run away from California.

This will be a big boost for AZ, NV, ID and OR.

[rickb308]

“I live in California and I walk to work. How can I cash in on this scam?”

Bill the state for not farting?

[upchuck]

BACK AWAY FROM THE INTERNET AND PUT YOUR HANDS ON TOP OF YOUR HEAD AND KEEP THEM THERE!

[PATRIOT1876]

In other News from Kalifornia:

Theodoric of York opens bloodletting franchises all across Southern Kalifornia.

[munin]

Is there any chance that once california is in play that the EPA could force other states to comply? I could envision rules in that regard because their clean air is being

Don’t worry, the air wont be cleaner, just the $ will have moved to others hands

[munin]

I live in California and I walk to work. How can I cash in on this scam?

Buy some shares in algore

[newbie2008]

http://img703.imageshack.us/img703/4310/companiesleavingca.jpg

[americanophile]

The self-immolation continues. We can only hope that once its reduced to ashes, a new California will rise again. Some day.

[Mariner]

Per capita income was $38,956 as of 2006, ranking 11th in the nation.

But there's approx 40 million people here.

$1.85 trillion Gross State Product in 2008 representing 13% of the US GDP...putting it in the "average" category per capita in the US.

[LibWhacker]

Buncha fiddling Neros.

[patriciaruth]

$13/dayx30 days = $390 a month MORE that an elderly person must pay to stay in a retirement facility???

I say Declare chapter 11 now and don’t pay. Have the state officials come and throw the old people out.

Move to another State before the officials can catch up to you.

That is INSANE!

[raybbr]

And the other 49 (or 56) states thank California for the new businesses.

Make that 39. The RGGI (click to see declining auction results) has been trying this in the Northeast for years and it's also a "fail".