Energy Markets:

NARUC head Marsha Smith discusses effect of carbon reduction programs on consumers

As electric utilities prepare for a carbon constrained future, what financial impact will the consumer bear once a carbon reduction program is implemented? During today's OnPoint, Marsha Smith, president of the National Association of Regulatory Utility Commissioners and a member of the Idaho Public Utilities Commission explains which elements should be included in a cap-and-trade program so the consumer does not bear an unfair burden. Smith also discusses why she believes renewable energy tax credits should be extended this year and she talks about the future of nuclear and clean coal as part of the U.S.'s clean energy future.