The Story of Cap and Trade
The Story of Cap & Trade is the second offering from the project that brought us The Story of Stuff. In this ten minute video, host Annie Leonard presents an excellent, clearly explained look at some of the devil in the detail of Cap & Trade, explaining how it works and who it benefits.
Having said that, it does leave out what is to my mind perhaps the most damning criticism of cap and trade schemes like the EU emissions trading scheme (EU ETS) – that they are not only a passive distraction from real solutions, but are actually used to justify avoiding them.
As The Guardian reported in October 2007:
All Party Parliamentary TEQs report – rationing, not carbon trading
As the evidence for the utter inapplicability of free market carbon trading to our climate emergency continues to pile up, interest continues to grow in the less PR-friendly alternative — the rationing of carbon-rated energy.
Yesterday, the UK Government’s All Party Parliamentary Group on Peak Oil and Gas previewed a draft report commissioned from The Lean Economy Connection. The report, which I co-authored with Dr. David Fleming, emphasises the necessity of considering our pressing energy challenges alongside climate change, and argues that national energy rationing systems on the model of TEQs (Tradable Energy Quotas) will be essential to the fair distribution of fuel as shortages unfold, with implementation now an urgent priority for the UK.
Despairing of Ed Miliband, Becoming a Filmstar, and Other Adventures
It has been another crazy whirlwind of a month, with this weekend set to be the first in five which I get to spend in Transition Town Home, having spoken recently in Bungay, Glastonbury, Belsize Park and the Forest of Dean, as well at the Transition Conference (I hate...
Scottish Parliament discusses TEQs
I was delighted to read this week that my recent article in Resurgence magazine has helped inspire Bill Wilson MSP to champion TEQs (Tradable Energy Quotas) in the ongoing debate on the Climate Change (Scotland) Bill. Speaking in the Scottish Parliament, Dr. Wilson...
Recent Comments