The Story of Cap & Trade (2009)
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http://storyofcapandtrade.org - 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 whats really required to tackle the climate crisis. If youve heard about Cap & Trade, but arent sure how it works (or who benefits), this is the movie is for you. And, for all you fact checkers out there, http://www.storyofstuff.org/2011/02/14/story-of-cap-trade/
Comments
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How come we don't see her in the presidential candidates?
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Is there a translation program for adding a subtitle for this video ? How can i do that ?
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I want to see rewards for going green like tax breaks not kicking the middle class in the ribs even harder making more jobs go under and killing more people. The economy is shit already carbon tax will make it worse by removing jobs indirectly by driving up cost on business.
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Please stop saying the planet is at stake. The planet is basically a big rock floating in space. We wouldn't be able to destroy it if we wanted to.
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Global warming is a farce.
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I have a solar array! I am pondering the addition of a second array- giving up many things I would like to afford the array. I want to do what I can do to help this planet more than I want new clothes, new shoes, boose, cigarettes, soda pop, vacations..... I say no to lots of THINGS so I can say yes to the planet. WHY- I love my grandson and granddaughters and want them to have a cleaner- better world! Everyone should try to do something to say this planet. Something beats nothing every time.
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I'm not understanding how the first loop hole is an issue.. "all of the allowances are going to the major industries who were polluting in the first place. It's like they get rewarded for polluting" if the cap is set and met by these industries why does it matter? Smaller companies that don't pollute as much can make due with a smaller amount of allowances and as long as all companies abide by the limit there shouldn't be a problem. As the cap reduces over the years, the companies won't even need to be distributed all those free allowances as they've gotten on board on cleaner energy. The only problem I see with this is the offsetting.
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This video has a lot of flaw and is very one sided to "cap and trade = bad". If it wasn't for collecting carbon credits by carbon sequestration (pumping CO2 into the ground) or planting trees then these would not be profitable at all and no one would have much incentive to spend money to do it in the first place. Also, completely killing the coal industry is a bad things since local economies would entirely collapse without coal, so weening off coal and increasing jobs in other sectors that don't require degrees is the only way to do it without sky rocketing unemployment. Coal power also gets dirt cheap power rates where renewable energy get premium price power rates. This leaves coal plants having to pay for extremely high regulations, lots of operation costs and return has to sell their power for dirt cheap, a lot of times this puts coal plants out of business. I'm all for cap and trade and slowly moving towards more renewable sources, nuclear is probably the most reasonable option since renewables make shit energy/acre compared to nuclear power.
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I love this concept and goal in promoting in saving the planet. Unfortunately, there is some MISinformation. CO2 is not the problem. CO2 is needed in the atmosphere for plants to thrive. It is Carbon Monoxide that is the problem with pollution.
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RIP in 20 years
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let's tax the air.
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Oh PLEASE!
It's about CARBON CREDITS and MONEY. Period.
Stop being so gullible. -
BE BLESSED !!!
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@youngfool3000 - Capitalism got us into this mess. If we plug some holes, it just might be the one force that gets us out of it too. I know this sounds ironic. What we need is a price on carbon. A revenue-neutral carbon tax that returns all fees to citizens will restore a degree of honesty into capitalism which is currently very broken. Our energy economy is a market failure. Profits are privatized and costs are socialized. Let's internalize the social costs, refund the taxes collected to people and move the markets. If you want to move the needle, you have to move the market. http://ensia.com/voices/only-capitalism-can-save-the-planet/
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Although, I'm running the risk of getting demonized, but, I only see GMO trees, nuclear power and mass-transit as the only green solutions at the moment; as they are readily available, let's use them. Oh and nuclear waste can now be recycled into new carbon rods or metals such as gold, silver, iron, copper, tin, titanium, mercury and more. Anyone else got an alternative?
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What kind of unscrupulous and naive person could dislike this video?
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You know, Cap and Trade hurts the US economy, we're allowing China to pollute more than we do now: NO carbon restrictions to China, but for the first world. I'm a center-Left Democrat who cares about the environment, but how come we allow China, India and other third world economies pollute more than the US, Europe and so on? +
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What can I do? I want to contribute with the change.
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she is annoying though so much
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For anyone that cares about money and will do anything for it, think about this- any money that you get, you spend. Now, you have 5 amazing cars that are great. Those cars were built with metal, metal that slaves were forced to mine out of caves, and those Lamborghinis might be cool, but they will empty a gas station in 200 miles. Also, that seller just got more money, letting him buy other things too. But let's get back to that. While you were showing off your car, you wore down you engine, brakes and wheels drifting, because what the heck-you can bribe any cop into letting you go, and the car can just get fixed. However, fixing it costs materials that will be constantly used, constantly mined by slaves, and it will keep doing that until everything runs out. Do you want to use less and give resources to people that will provide alternatives, and give all money earned away, to help the needy, or do you want to destroy the Earth, and never let any of the younger generation have fun, enjoy life, or even exist and live? Would you buy a car that is supplying horrible people chaining up people and forcing them to mine something, just because you won the lottery, or found a loophole that got you billions? Now, back to the seller, he can do all of these things, too, and he buys the from the company. That means that something so small, something easily destroyed, caused this cycle of destruction. Money is a horrible thing, and it drives horrible people to do horrible things.
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