The subtitle of The Story of Cap-and-Trade -- the short film released this week by The Story of Stuff Project, Climate Justice Now, and the Durban Group for Climate Justice -- is "Why you can't solve a problem with the thinking that created it." Our goal in releasing the film was to make a simple point: climate change is, as Lord Nicholas Stern, author of the Stern Review on Climate Change, noted, the largest market failure we have ever known. And yet, in spite of this, we're looking to cap-and-trade, a "market solution" that has failed to deliver results, in …
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Daphne Wysham is a fellow and board member of the Institute for Policy Studies, founder and co-director of the Sustainable Energy and Economy Network, a project of IPS, and founder and co-host of Earthbeat Radio, which airs on 54 stations in the U.S. and Canada. She served as a content advisor on the production of The Story of Cap-and-Trade.