Climate:

Climate Action Reserve's Gero previews next month's California allowance auction

What could next month's California carbon allowance auction mean for the future of the state's cap-and-trade program? During today's OnPoint, Gary Gero, president of the Climate Action Reserve, discusses the prospects for the auction and its impact on businesses in the state. He also talks about California's discussions with China, the European Union and Australia on linking cap-and-trade systems.