Ann Leonard, who gave us Story of Stuff, is now back with the story of cap and trade, just in time for the meet @ Copenhagen. This is a 10 minute video, and is definitely a must watch.
I don't yet fully understand this - the video itself doesn't delve into details and additional research is required. But there is already a jittery feeling about this concept. In the first place, I really don't understand why middlemen are required to moderate this concept. The "carbon permit" concept in itself is crazy and I think it must be "carbon cap". Additional laws that move away from fossil fuels and over period to renewable sources are required. "Cap and Trade" looks dangerously like an eyewash.
There is a classic moment in the video where the corporation hands a CFL light bulb to the citizen and the TV flashes "all is okay". We all know CFL's are nowhere close to the solution. Nor is asking the citizen to switch off fans and lights before leaving the room. As good as applying band-aid on an arm that just got amputated!
Copenhagen is a once-in-a-lifetime opportunity. I hope some inspired leadership takes charge of the situation and does something really tangible and sincere in the onslaught of an impending climate crisis. I am really hoping against hope. And much thanks to Ann for bringing this to light.
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