Video: Debate on Designing Effective Climate Policy

David Doniger of NRDC, Ralph Izzo, Chairman, President and Chief Executive Officer, PSEG; Jim Rogers, Chairman, President and Chief Executive Officer, Duke Energy, take part. As lawmakers consider enactment of economy-wide cap-and-trade legislation, the discussion is now centering on key issues such as setting specific greenhouse gas reduction targets, the allocation of emissions allowances, and cost containment measures.  This panel will address questions such as: Should emissions allowances be granted for free or auctioned?  Should safety valve or price caps be used to limit the cost of carbon?  How do we ensure that funds are used for public benefit?