977 videostill 1024 full

This video is no longer available to watch. Please read its transcript instead.

Read Read Transcript Email Today's Edition Today's Edition

Advertisement

Climate

ClearView Energy Partners' Book discusses financial impact of cap and trade on consumers

How will a cap-and-trade scheme affect Americans' wallets? Does the economic downturn have a positive impact on the push for climate legislation? During today's OnPoint, Kevin Book, managing director at ClearView Energy Partners, an energy research and consulting firm, discusses the financial impact a cap-and-trade system could have on the average American. He explains why the economic downturn could have a positive effect on efforts to move new climate and energy legislation. Book also discusses how the United States can successfully strike a balance between satisfying the international community on climate change and meeting domestic economic priorities.