During the last decade, there has been an intensive debate on-going in Sweden about how power generation and use affect global warming. More precisely, the discussion has considered how electricity shall be assessed from an environmental and climate perspective in different situations. This article gives a critical analysis on the main viewpoints. A number of environmental-impact assessment principles are outlined and critically examined. Concepts like average electricity and marginal electricity are discussed, and Electricity Disclosure as a basis for evaluation is addressed. The impact from Emission Trading and Tradable Green Certificates is also considered. Recommendations to concerned stakeholders are given. The clash points in the Swedish debate are highlighted and thus made available to a broader audience outside Scandinavia.