Video Explains Why Cap-and-Trade is a Scam

| by Public Citizen

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 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.