California Moves Ahead with 'Cap and Trade' Plan

Hosted by

China, India and much of the world are increasing reliance on coal. Washington is limited by climate-change skeptics. But California has adopted a plan to reduce greenhouse emissions in the fight against global warming. Will so-called "Cap and Trade" really help clean up the air? Will it cost jobs by driving businesses to move out of state? How much more will energy cost consumers in California? On our rebroadcast of today's To the Point, is a robot waiting for your job?

Banner image: The AES Corporation 495-megawatt Alamitos natural gas-fired power station in Long Beach, California. The California Air Resources Board has enacted a "Cap and Trade" scheme to reduce greenhouse gas emissions emitted from hundreds of power plants and large industrial facilities. Photo by David McNew/Getty Images