The creators of the hit animated video The Story of Stuff, have followed up with a similar video arguing that cap-and-trade is a misguided and dangerous way to address global climate change.
In The Story of Cap & Trade, creator and narrator Annie Leonard states that there are irredeemable ‘devils in the details’ in current cap and trade proposals: free permits to big polluters, fake carbon offsets and, most importantly, distraction from the significant tasks at hand in tackling the climate crisis.
The short film introduces the people at the heart of cap and trade, including the guys from Enron who designed energy trading, and the Wall Street financiers like Goldman Sachs. Its animated characters walk viewers through both the theory of emissions trading and how it works in the real world, reminding viewers that when this $3 trillion bubble bursts, it could take down everything.
“The Story of Cap & Trade helps viewers understand what’s on offer from world leaders and
argues that we can and must do better,” said Annie Leonard, Director of the Story of Stuff Project.
“We’re releasing the film now, in the run-up to Copenhagen, to ensure that Americans and others
clearly understand the solutions on the table and to inspire them to push our leaders for real solutions to climate change.”
Watch The Story of Cap & Trade at the link below.