The story of cap and trade: a short video on what is wrong with emissions trading


The Story of Cap & Trade (below) is a fast-paced, fact-filled look at the leading climate solution being discussed at the climate talks in Copenhagen. Cap and trade is also variously described as "carbon trading" and "emissions trading". In Australia, the federal Labor government is trying to push a variation of this through the Senate called the "Carbon Pollution Reduction Scheme".

The Story of Cap & Trade 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, carbon trading or emissions trading, but aren't sure how it works (or who benefits), this is the film is for you.

In an excellent example of international collaboration The Story of Cap & Trade has been premiered on hundreds of sites across the globe. If you would like to post a copy of the film, or buttons to link to it, click here.

The Story of Cap & Trade from Story of Stuff Project on Vimeo.