Calculating the Costs of Cutting Carbon

Opponents of the climate bill say capping CO2 emissions will cost Americans lots of jobs and dollars ?but some question the accuracy of their numbers.

The potential costs of limiting carbon dioxide emissions are playing a big part in the debate on the climate bill. While some economists say capping carbon will cost jobs, others disagree. Host Bruce Gellerman talks with economist Janet Peace from the Pew Center on Global Climate Change about the costs – and benefits – of climate change legislation.