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This short video explores the "devil in the details" when it comes to the tool of cap-and-trade to combat climate change.
With cap-and-trade legislation moving through the US senate, and likely to be a topic of discussion in the Canadian parliament, we should have a look at the concept and its potential pit falls.
This video, 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 in the US.
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.
The Story of Cap & Trade was made by The Story of Stuff Project & Free Range Studios, in partnership with Climate Justice Now! and the Durban Group for Climate Justice, two leading international networks of climate justice advocates.
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