Click on the link to view - A Short Movie - The Story of Cap & Trade
For those who find it confusing, perhaps this short movie will enlighten you.
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.
From where I sit, it's a get rich quick scheme that takes money away from developing true, clean and renewable energy because it exists to allow COAL to become even STRONGER. (Remember CO2 sequstration uses MORE energy just to sequester it - which by the way, "sequester" is really permanent storage in Mother Earth)
Burying CO2 - how will they measure it? Seems like the Emperor's New Clothes.
As this movie says - the devils are in the details.
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.
From where I sit, it's a get rich quick scheme that takes money away from developing true, clean and renewable energy because it exists to allow COAL to become even STRONGER. (Remember CO2 sequstration uses MORE energy just to sequester it - which by the way, "sequester" is really permanent storage in Mother Earth)
Burying CO2 - how will they measure it? Seems like the Emperor's New Clothes.
As this movie says - the devils are in the details.
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