India and China understand this which is why, while the USA is closing Coal Fired Power Plants, China is opening a new one every week. As a side issue what the Left, the EPA, the Evironmental Lobby, and sadly, the President do not understand is that America will get the benefit of Chinese pollution as it is carried over the Pacific by the jet stream. News flash there is no border control on either atmosphere OR weather IT IS GLOBAL. But what this also means is that existing business will not expand, thus reducing new jobs, and potential business will not be started. That translates into lower Tax revenue, lower corporation tax takes, no spending locally by employees and potential emplyees.