CHINA AND THE US

Finweek English Edition - - COVER STORY -

Part of the rea­son for the ur­gency else­where is mount­ing reg­u­la­tory pres­sure. Cal­i­for­nia has some of the worst ve­hic­u­lar pol­lu­tion in the world, and thus some of the most strin­gent reg­u­la­tions. For in­stance, Cal­i­for­nia’s green­house-gas laws re­quire 4.5% of the cars sold by ma­jor au­tomak­ers to be zero-emis­sion.

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