Climate:
Chemical trade group head Gerard discusses impact of rising oil and gas prices on industry
As the Senate prepares to discuss the Lieberman-Warner climate bill in early June, the debate over the economic effects of this legislation continues. During today's OnPoint, Jack Gerard, president and chief executive of the American Chemistry Council, discusses the impact he believes the Lieberman-Warner climate bill will have on the chemical industry. Gerard explains how the chemical industry has been affected by rising oil and gas prices and also discusses the energy and climate policy outlook for 2009.