New York state Assemblymember Anna Kelles has introduced legislation that serves as an alternative to the state’s emerging cap and trade system.

Cap and trade is a program used to help meet climate goals by capping pollution and then authorizing tradable allowances between companies, creating a new market. 

New York is currently creating a cap and trade system under its 2019 climate law.

Assemblymember Kelles is carrying legislation that would transform this system into what she’s calling a “cap and invest" system. She joined Capital Tonight's Susan Arbetter to discuss her bill.