Steam carrots until they are fork tender.
Drain and set aside.
Meanwhile, In a large skillet, cook bacon until crisp.
Remove bacon and drain on paper towels. Crumble and set aside.
Reserve 1 tablespoon of bacon drippings in skillet.
Saute onion in bacon drippings over medium-high heat for 3 minutes or until tender.
Stir in brown sugar, salt, pepper and cooked carrots.
Cook for 5 minutes or until carrots are glazed and heated through.
Serve with crumbled bacon on top.