Energy Policy:

Sen. Bingaman previews energy legislation, discusses prospects for cap and trade in Senate

With the Senate expected to roll out an energy bill in the coming weeks, what will the core components of the legislation be? During today's OnPoint, Senator Jeff Bingaman (D-N.M.), chairman of the Energy and Natural Resources Committee, discusses expectations for the bill and comments on how one of the provisions, a renewable electricity standard, may affect its prospects for bipartisanship. Bingaman discusses whether President Obama's call to double the nation's supply of renewable energy in the next three years is feasible in our current economic climate. He also explains how the Senate climate process may unfold this year and what role he would like his committee to play in the discussions.