Climate:

EEI's Kuhn discusses allowance allocation, 'price collar' in Senate cap-and-trade bill

Should the electricity sector be allocated more free allowances in the Senate's version of a cap-and-trade bill? What impact will a "price collar" have on price volatility and market manipulation? During today's OnPoint, Thomas Kuhn, president of the Edison Electric Institute, explains why his industry is lobbying for a "price collar" in the Senate bill. He also discusses why he believes allocating more free allowances to the electricity sector will benefit consumers.