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The Story of Cap and Trade: More Scam Than Solution

Free permits to big polluters, fake offsets and distraction from what's really required to tackle the climate crisis.
December 3, 2009  |  
 
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If you've heard anything about how we're going to solve our climate crisis then cap and trade is likely familiar to you. But if you don't know exactly what it is, then this new video from Annie Leonard (who also did "The Story of Stuff") is definitely in order. You can also check out a contrarian perspective from David Roberts at Grist.

Here's the description of Leonard's "Story of Cap and Trade."

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 youve heard about Cap & Trade, but aren't sure how it works (or who benefits), this is the film is for you.

 

Tara Lohan is a senior editor at AlterNet.

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