I love you, California!
"The whole world has been watching to see whether California passes this bill"
It doesn't matter really what the US does in this regard. China and India are contributing or will be contributing a far far greater amount of greenhouse gases then the US in the near future.
True, which is another big reason why we need to cut back dramatically on trade with these countries until they clean up their act (pun intended
).
In any event, I do believe the US needs to lead by example as well, and I strongly support this legislation. In the long run it will be beneficial to the economy by encouraging alternative energy sources which would eventually be necessary anyway, not to mention that sound environmental policy helps directly spur many parts of the economy such as tourism, outdoor recreation, and helps contribute to quality of life which helps for areas such as entrepreneurialism.