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PSEG's Izzo discusses impacts of new Senate plan on utilities

How will industries be affected by the new climate plan being crafted by Sens. John Kerry (D-Mass.), Lindsey Graham (R-S.C.) and Joe Lieberman (I-Conn.)? During today's OnPoint, Ralph Izzo, president and CEO of PSEG, explains how utilities will be affected by a tiered approach to emissions regulation. He also discusses concerns over U.S. EPA's move to regulate emissions.