Cap-And-Trade Program Is Not Simple Or Transparent, Says Expert

When the cap-and-trade program "starts to look like the Chicago phone book, when its so complicated that you can't figure out who's benefitting and who's losing and exactly how the system works," it may be in the public interest to see direct regulation in carbon emissions instead of cap-and-trade said Dallas Burtraw, Senior Fellow at Resources for the Future. (0:22)

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