Climate: NRDC's Lashof discusses new analysis of carbon allowance proposals of various bills

How will greenhouse gas limits affect the 100 largest power companies in the United States? During today's OnPoint, Dan Lashof, science director of the climate center at the Natural Resources Defense Council, discusses a new report that analyzes carbon allocation scenarios and their varying financial effects on power companies and consumers. The report, cosponsored by Ceres, outlines how the Lieberman-Warner bill's allowance approach could help offset electricity rate increases. Lashof also discusses how lawmakers should be using the example provided by the European Union's emissions trading scheme when developing carbon allocation scenarios for the United States.