Rich Karlgaard is the publisher of Forbes.
Capital will go where it's wanted and stay where it's welcomed. That used to be America.
Cap and trade is betting the future of U.S. electricity production on sources that now contribute 3%.
Some companies, industries, cities, regions, and skill sets will be mired in permanent depression.
If you're an executive, your response to forthcoming regulation of yet-to-be-determined complexity will be to hunker down.
With taxes being raised at both state and local levels, residents in California and New York will be hit hardest.