Cap and Trade Calculations

Economists say if a cap and trade plan passes, energy prices will go up no matter what (Photo courtesy of aoc.gov)

President Obama and some leaders in Congress want to take on global warming by cutting back on carbon dioxide. The big plan is called carbon cap and trade. If the plan passes, economists say there’s no doubt your bills will go up, though there’s debate about how much. Mark Brush reports on one of the biggest sticking points in these carbon cap and trade plans:

Wikipedia's page on cap-and-trade

A related interview from The Environment Report

Producer: Mark Brush
Release Date: April 13, 2009
Running Time: :49