It will be interesting to see how this all plays out... It indeed could lead business to California who will focus on Clean technologies, hoping to jump on the bandwagon (and leading to new investments & jobs)... or.. it could cause a lot of factory jobs to go the way of the dinosaur.

The big issue I see is that many of those factory jobs that will likely be lost if the business can't find an economical way to reduce emissions do not even indirectly transfer into the high tech jobs that the new cleaner companies mentioned on the first option I talked about. What happens to those workers? Will Arnie also sponsor state subsidized upgrading of skills?

Hopefully more people will believe me (and others) about Global Warming