The Story of Cap and Trade

The Story of Stuff meteored to international success and has fueled the next chapter in Annie Leonard's animated series on the environmental impact of our policies and practices, " The Story of Cap and Trade." Ironic and amusing, this animation points a finger at the troubles with using a market-based system to control the amount of carbon emissions we create because, as Leonard says, "there are a lot of devils in the details of the cap n' trade proposals on the table."

Future chapters include more animated storytelling on the life cycle of Plastic Bottles and electronics. Check it out on The Story of Stuff website.

Caterpillar, FedEx Favor Carbon Tax Over Cap-and-Trade Measure

From Bloomberg.com:
By Daniel Whitten, Sept 23

The chief executives of Caterpillar Inc. and FedEx Corp. said they prefer a tax on carbon dioxide emissions and criticized the cap-and-trade measure being debated in Congress.

The legislation approved by the House in June gives certain industries free pollution permits that would distort the market, said Fred Smith, CEO of FedEx, the package-shipping company based in Memphis, Tennessee.

“We very much believe that a straightforward graduated tax on carbon is better than the cap-and-trade,” Smith said in Washington today. He was among a group of executives who participated in an energy conference.

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