NRDC's Dan Lashof analyzes cost implications of cap-and-trade, carbon tax policies
As Congress begins to focus more heavily on climate discussions and hearings, one of the most important issues they will need to address is the cost of implementing a national climate policy. Which legislative proposal is the most cost-effective but still addresses the environment adequately? How might energy legislation help to mitigate the costs of a broader climate policy? During today's OnPoint, Dan Lashof, deputy director and science director of the Natural Resources Defense Council's Climate Center, analyzes the economic implications of key legislative proposals and explains why he believes a cap-and-trade policy is more promising than a carbon tax.