Climate:

Former Virginia Gov. Allen discusses new campaign against cap and trade

What impact will a cap-and-trade system have on the average American? Should the renewable electricity standard be expanded to include other domestic sources of energy? During today's OnPoint, former Virginia Gov. and Sen. George Allen (R), introduces his new group, the American Energy Freedom Center. Allen explains why he believes the push for cap and trade will result in financial losses for Americans and will put the United States at a competitive disadvantage on the international level. He also explains why he thinks the definition of "renewable" should be broadened beyond what is currently being discussed in Congress.