Exporting pollution: Why climate regulators are losing the battle against Big Smoke

A new study shows how depressing it is for countries to implement rules, only to have big polluters move to another country

(Mark Hulbert, an author and longtime investment columnist, is the founder of the Hulbert Financial Digest; his Hulbert Ratings audits investment newsletter returns.)

CHAPEL HILL, N.C. (Callaway Climate Insights) — Individual countries are playing “Whac-A-Mole” in trying to curb greenhouse gas emissions.

That’s because most of the big GHG emitters are mul…