The Story of Cap and Trade

Photo courtesy of <a href="http://storyofstuff.com/capandtrade/">The Story of Stuff website</a>.

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Annie Leonard, creator of The Story of Stuff, a popular web video that argues against consumerism, released a new video yesterday on cap and trade. Like her earlier effort, The Story of Cap-and-Trade features engaging narration and cute, easy-to-understand comic sketches to explain an extremely complex issue.

The problem? Leonard vastly oversimplifies cap and trade and its problems. The video blames the current difficulties surrounding cap and trade entirely on the policy itself, not the lawmakers and special interest groups seeking to load the legislation with exceptions and giveaways. The problems she highlights would dog any proposal to address climate change in the US. If Congress suddenly adopted a carbon tax, the coal, oil, and gas lobbies, aided by their favorite senators, would carve out gaping loopholes for their industries. The policy isn’t the real villain  here—it’s the politics. 

“The next time somebody tells you cap and trade is the best we’re going to get, don’t believe them,” Leonard concludes. But what superior proposal has any kind of meaningful political support? Leonard never attempts to explain this. The reality is that ditching cap and trade now would leave us with no politically viable legislative options to combat climate change at all. 

The estimable David Roberts has a thorough take-down of the video at Grist, which I recommend. And here’s the video, so you can decide for yourself:

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

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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