What is The Story of Cap & Trade? Check this story!


The Story of Cap & Trade from Story of Stuff Project on Vimeo.

What is The Story of Cap & Trade?

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.

Modern environmentalism is entering a new phase. The idealists have been shoved to the margins. Corporate partners that have mastered public relations are hiring political lobbyists to make the case for government regulations that will shift the cost of controlling carbon emissions to taxpayers and generate revenues for private sector players.

You should realy go and see this:
http://storyofstuff.com/capandtrade/
Carbon Trade is BAD NEWS for this planet!
The USA will have to REDUCE REDUCE REDUCE! 80% until 2050....but its not just about CARBON DIOXIDE its much more about the complete impact that the modern society has on this planet.... We need 3 planets in Europe 5 in the USA if all the world would live like we do...

http://tinyurl.com/OneEarthOneMission


Al Gore could become world's first carbon billionaire
Al Gore, the former US vice president, could become the world's first carbon billionaire after investing heavily in green energy companies.




Last year Mr Gore's venture capital firm loaned a small California firm $75m to develop energy-saving technology.

The company, Silver Spring Networks, produces hardware and software to make the electricity grid more efficient.

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The real climate change catastrophe

The deal appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants, the New York Times reports. Of the total, more than $560 million went to utilities with which Silver Spring has contracts.

The move means that venture capital company Kleiner Perkins and its partners, including Mr Gore, could recoup their investment many times over in coming years.

Few people have been as vocal about the urgency of global warming and the need to reinvent the way the world produces and consumes energy as Mr Gore. And few have put as much money behind their advocacy and are as well positioned to profit from this green transformation, if and when it comes.

Critics, mostly on the political right and among global warming sceptics, say Mr. Gore is poised to become the world's first "carbon billionaire," profiteering from government policies he supports that would direct billions of dollars to the business ventures he has invested in.

Representative Marsha Blackburn, Republican of Tennessee, has claimed that Mr Gore stood to benefit personally from the energy and climate policies he was urging Congress to adopt.

Mr Gore had said that he is simply putting his money where his mouth is.

"Do you think there is something wrong with being active in business in this country?" Mr. Gore said. "I am proud of it. I am proud of it."

 Representative Marsha Blackburn, Republican of Tennessee, has claimed that Mr Gore stood to benefit personally from the energy and climate policies he was urging Congress to adopt.

Mr Gore had said that he is simply putting his money where his mouth is.

"Do you think there is something wrong with being active in business in this country?" Mr. Gore said. "I am proud of it. I am proud of it."

 Thanks to misreading the significance of a brief period of rising temperatures at the end of the 20th century, the Western world (but not India or China) is now contemplating measures that add up to the most expensive economic suicide note ever written.

 Al Gore’s Carbon Empire:
Cashing in on Climate Change
http://www.capitalresearch.org/pubs/pdf/v1217525953.pdf

 Modern environmentalism is entering a new phase. The idealists have been shoved to the margins. Corporate partners that have mastered public relations are hiring political lobbyists to make the case for government regulations that will shift the cost of controlling carbon emissions to taxpayers and generate revenues for private sector players. 

President Barack Obama's announcement that the U.S. will offer an unprecedented pledge to reduce overall greenhouse gas emissions by 17 percent by 2020 at the Copenhagen climate talks in December may seem impressive at first blush. But look closely, and you'll see the "cuts" he has offered are, at least in the short-term, essentially meaningless. The reason is twofold. First: The cuts start from a 2005 baseline, when the baseline the scientific community has put forward is 1990. As a result, these cuts translate to a mere 4 percent below 1990 levels by 2020, when what we need is a 25-40 percent cut in U.S. emissions below 1990 levels by 2020.

Reason number two: Even these measly cuts could all be met by the buying and selling of an invisible, unverifiable, entirely manmade commodity: the carbon offset.

Obama's offer of cuts is based on the cap and trade proposals that have passed the House and are moving through the Senate. Both versions allow polluters to meet their pollution targets by actual cuts or by trading excess pollution with another polluter who has exceeded his targets. Carbon offsets go one step further and allow polluters to carry on polluting so long as they pay a small penance for every ton of CO2 they emit above their cap. Carbon offsets are attractive to polluters because they are, in general, a cheaper price to pay than actual cuts or traded emissions. However, buyer beware: cap and trade proposals now on the table will open up a whole new derivatives market in carbon, a market open to gaming, corruption, and the creation of a new "carbon bubble" that, when it bursts, could take down far more than just our economy. Furthermore, the quality of carbon offsets within the cap and trade program are, according to the U.S. Government Accountability Office, virtually impossible to verify.

 Read more
http://www.huffingtonpost.com/daphne-wysham/cap-and-trade-should-go-t_b_374255.html

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