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The Story of Cap & Trade

12/07/2009
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Need an explanation of cap and trade that even a climate change denier could understand? Check out this short video hosted by Annie Leonard whose earlier film Story of Stuff took a hard look at our culture of excessive consumerism. She continues the theme with a series of new videos that will look at different aspects of sustainability. The first one, The Story of Cap & Trade, was released this month. Here’s what the project’s Web site says about the first installment:

The Story of Cap & Trade is a fast-paced, fact-filled look at the leading climate solution being discussed at Copenhagen and on Capitol Hill. Host Annie Leonard introduces the energy traders and Wall Street financiers at the heart of this scheme and reveals the “devils in the details” in current cap and trade proposals: free permits to big polluters, fake offsets and distraction from what’s really required to tackle the climate crisis. If you’ve heard about cap and trade, but aren’t sure how it works (or who benefits), this is the film is for you.

Watch the film and learn why cap and trade is just another way for Wall Street to cash in on climate change without actually doing much to combat it. After you’ve watched, go here to take action.

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One Comment leave one →
  1. 12/09/2009 1:21 am

    Prevention is the cheapest and most efficient and effective way to stop any problem. The Cap and Trade video was quite good. The one specific positive action mentioned was to ENTIRELY REMOVE THE HUGE SUBSIDIES COAL AND OIL ARE STILL RECEIVING. New subsidies should replace those old ones to CO2 polluters. These new subsidies should support clean renewable energy and energy efficiency such as solar, wind, geothermal, green architecture, better insulation in old buildings, and low energy LED lights, among many others. This will economically encourage these new clean positive approaches, and will leave the polluting coal and oil in the ground WITHOUT ANY ADDITIONAL FEDERAL SPENDING!

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