Climate:

NPRA's Drevna discusses refining industry's concerns with Waxman-Markey bill

With several House committees planning to act on climate and energy legislation in the coming weeks, the Waxman-Markey bill will likely face a series of changes as it makes its way to the floor. During today's OnPoint, Charles Drevna, president of the National Petrochemical and Refiners Association, discusses his industry's concerns with the way this legislation currently handles the allocation of allowances. He discusses NPRA's plan of action as the bill makes its way through the remaining committees. Drevna also addresses how his industry is preparing for a national cap-and-trade program.