1 99:59:59,999 --> 99:59:59,999 2 99:59:59,999 --> 99:59:59,999 ♪[ominous music]♪ 3 99:59:59,999 --> 99:59:59,999 (Leonardo DiCaprio) Ancient life on earth. 4 99:59:59,999 --> 99:59:59,999 Over millions of years plants and animals lived and died. 5 99:59:59,999 --> 99:59:59,999 That decomposed life sunk deep into the ground, and as a result, 6 99:59:59,999 --> 99:59:59,999 an ancient menace was created...fossil fuels. 7 99:59:59,999 --> 99:59:59,999 Black oil, coal, and gas, have created modern society as we know it. 8 99:59:59,999 --> 99:59:59,999 This ancient sunlight unleashed global industrial power on a scale 9 99:59:59,999 --> 99:59:59,999 never before witnessed in the history of the planet. 10 99:59:59,999 --> 99:59:59,999 But when burnt into the atmosphere, carbon causes climate change. 11 99:59:59,999 --> 99:59:59,999 97% of climate scientists agree that climate change 12 99:59:59,999 --> 99:59:59,999 is happening now and is caused by human activity. 13 99:59:59,999 --> 99:59:59,999 However, the fossil fuel industry continues to pull that carbon out of the ground. 14 99:59:59,999 --> 99:59:59,999 They drill, they extract, making trillions of dollars. 15 99:59:59,999 --> 99:59:59,999 They frack, they mine, earning astronomical profits. 16 99:59:59,999 --> 99:59:59,999 We need to keep this carbon in the ground. 17 99:59:59,999 --> 99:59:59,999 In order to prevent a catastrophic warming of the planet by 2 degrees Celsius, 18 99:59:59,999 --> 99:59:59,999 we cannot burn more than 500 gigatons of carbon into the atmosphere. 19 99:59:59,999 --> 99:59:59,999 But the fossil fuel industry has access to five times more than that. 20 99:59:59,999 --> 99:59:59,999 Almost 2800 gigatons of carbon pollution 21 99:59:59,999 --> 99:59:59,999 is ready to be pulled out of the ground, sold, and burned. 22 99:59:59,999 --> 99:59:59,999 We must fight to keep this carbon in the ground, and it is possible. 23 99:59:59,999 --> 99:59:59,999 >> People are ready for conversation. 24 99:59:59,999 --> 99:59:59,999 They're ready to understand that carbon pollution is causing this challenge, 25 99:59:59,999 --> 99:59:59,999 and that there is a simple solution... 26 99:59:59,999 --> 99:59:59,999 Put a price on carbon pollution. 27 99:59:59,999 --> 99:59:59,999 In the United States we spend $110 billion federal dollars on climate change events. 28 99:59:59,999 --> 99:59:59,999 That's about $300 a person in tax dollars. 29 99:59:59,999 --> 99:59:59,999 >> But we certainly need a price on carbon pollution. 30 99:59:59,999 --> 99:59:59,999 Right now it's a free good and we're using the atmosphere as a sewer and that has a real cost. 31 99:59:59,999 --> 99:59:59,999 And that cost should be reflected in the cost of carbon pollution. 32 99:59:59,999 --> 99:59:59,999 >> In the '50s in London, based on the industrial revolution, 33 99:59:59,999 --> 99:59:59,999 there was so much pollution, as you see in Beijing and around China today, 34 99:59:59,999 --> 99:59:59,999 that you actually couldn't see six straight feet in front of you. 35 99:59:59,999 --> 99:59:59,999 They put a price on pollution, and it changed. 36 99:59:59,999 --> 99:59:59,999 >> You have to put a price on carbon, 37 99:59:59,999 --> 99:59:59,999 and that can either happen by carbon trading or through a carbon tax. 38 99:59:59,999 --> 99:59:59,999 There's a moral imperative there, but there's also a business imperative. 39 99:59:59,999 --> 99:59:59,999 >> Senator Boxer and I have introduced legislation to do just that. 40 99:59:59,999 --> 99:59:59,999 We are going to do it in a way that impacts fewer than 3,000 of the most significant 41 99:59:59,999 --> 99:59:59,999 fossil fuel polluters in the country. 42 99:59:59,999 --> 99:59:59,999 And the reason you do it, is people should 43 99:59:59,999 --> 99:59:59,999 not have the " freedom" to destroy the planet. 44 99:59:59,999 --> 99:59:59,999 They cannot continue to be able to do that with impunity. 45 99:59:59,999 --> 99:59:59,999 >> The government has been subsidizing energy for decades 46 99:59:59,999 --> 99:59:59,999 to the tune now of a trillion dollars a year. We need to redirect these subsidies 47 99:59:59,999 --> 99:59:59,999 that encourage innovation. That's what we need in the world. 48 99:59:59,999 --> 99:59:59,999 But the biggest barrier is money from fossil industries that want to defend 49 99:59:59,999 --> 99:59:59,999 their market share, and which I consider the industries' walking butt. They've got 50 99:59:59,999 --> 99:59:59,999 tremendous assets underground that they want to be able to mine. 51 99:59:59,999 --> 99:59:59,999 Those are trillions of dollars of assets that the fossil energy companies used 52 99:59:59,999 --> 99:59:59,999 to evaluate their worth in the stock market. And the fact that we want to strand them, 53 99:59:59,999 --> 99:59:59,999 to leave them underground is not going over real well In those industries. 54 99:59:59,999 --> 99:59:59,999 But in fact, if we wanted to head off the worst uncontrollable damages 55 99:59:59,999 --> 99:59:59,999 from climate change, that's what we have to do. 56 99:59:59,999 --> 99:59:59,999 Thom Hartmann: Finland and the Netherlands implemented a carbon tax back in 1990. 57 99:59:59,999 --> 99:59:59,999 Both, putting a price tag on each ton of CO2 poison. 58 99:59:59,999 --> 99:59:59,999 >> In the beginning of the '90s there was a deep understanding that we should do something. 59 99:59:59,999 --> 99:59:59,999 We think that the Finnish economy should be based on sustainable energy in order 60 99:59:59,999 --> 99:59:59,999 to make our society competitive and in order to save our planet, 61 99:59:59,999 --> 99:59:59,999 which is, of course, the main target. 62 99:59:59,999 --> 99:59:59,999 Thom Hartmann: Since then, several other nations have created their own versions, 63 99:59:59,999 --> 99:59:59,999 including Norway, Costa Rica, and the United Kingdom. 64 99:59:59,999 --> 99:59:59,999 Ireland passed a carbon tax in 2010. 65 99:59:59,999 --> 99:59:59,999 >> It was very simple to introduce. When they see a carbon tax in place, 66 99:59:59,999 --> 99:59:59,999 people know that they can invest in alternatives that actually 67 99:59:59,999 --> 99:59:59,999 cut out the use of fossil fuel. 68 99:59:59,999 --> 99:59:59,999 It starts to have that effect improving energy efficiency in your homes 69 99:59:59,999 --> 99:59:59,999 and improving industries' energy efficiency. 70 99:59:59,999 --> 99:59:59,999 And what we've seen in the last 5 years is we doubled amount 71 99:59:59,999 --> 99:59:59,999 of renewable energy supplies, so the benefit for the consumer 72 99:59:59,999 --> 99:59:59,999 is if through those signals you can cut out the wasteful use of energy, then everyone 73 99:59:59,999 --> 99:59:59,999 is saving money and it more than covers the cost of the carbon tax in the first place. 74 99:59:59,999 --> 99:59:59,999 Thom Hartmann: In Australia, renewables like wind are now cheaper than fossil fuels 75 99:59:59,999 --> 99:59:59,999 like coal. Recently China put a price on carbon in over 7 regions and will add more. 76 99:59:59,999 --> 99:59:59,999 Now it's up to the United States, where there's good news at a local level. 77 99:59:59,999 --> 99:59:59,999 In 2007, Boulder, Colorado passed a carbon tax 78 99:59:59,999 --> 99:59:59,999 charging $13 for every metric ton of CO2. 79 99:59:59,999 --> 99:59:59,999 >> The carbon tax was generated and voted into place by Boulder voters. 80 99:59:59,999 --> 99:59:59,999 So it's a surcharge on electricity consumption and it's applied to residential, 81 99:59:59,999 --> 99:59:59,999 commercial, and industrial customers here in Boulder. 82 99:59:59,999 --> 99:59:59,999 The effect has been really tremendous. 83 99:59:59,999 --> 99:59:59,999 So once the carbon tax went into place, 84 99:59:59,999 --> 99:59:59,999 it has generated about $1.8 million a year. 85 99:59:59,999 --> 99:59:59,999 What's been extraordinary is that we've been able to really turn the curve, 86 99:59:59,999 --> 99:59:59,999 so to speak, on our emissions just on demand side alone. 87 99:59:59,999 --> 99:59:59,999 >> We actually proposed that every single dollar go back to American households. 88 99:59:59,999 --> 99:59:59,999 Carbon tax is the right way to go and is actually the conservative answer to global warming. 89 99:59:59,999 --> 99:59:59,999 >> Finally we're at the point where wind power and solar are coming down in price 90 99:59:59,999 --> 99:59:59,999 in a quarter of the United States. Solar voltaics are already cost effective. 91 99:59:59,999 --> 99:59:59,999 Last year more wind power was added than natural gas power. 92 99:59:59,999 --> 99:59:59,999 And this is true around the world. We have the technologies at hand. 93 99:59:59,999 --> 99:59:59,999 We are ready now to really ramp up deployment. 94 99:59:59,999 --> 99:59:59,999 >> The figures for Ireland I think show an example that you can actually 95 99:59:59,999 --> 99:59:59,999 start cutting out the carbon and your economy still holds up. 96 99:59:59,999 --> 99:59:59,999 The world didn't come to an end. I think it's a lesson for the rest of the world. 97 99:59:59,999 --> 99:59:59,999 >> We've been disappointed by the national policymakers who haven't been 98 99:59:59,999 --> 99:59:59,999 able to resolve their differences about this, and time is growing, very, very short. 99 99:59:59,999 --> 99:59:59,999 President Obama is the last president with a chance to confront this problem 100 99:59:59,999 --> 99:59:59,999 in a way that may head off the worst of the damage. 101 99:59:59,999 --> 99:59:59,999 >> But given the severity of the problem right now, we're not moving fast enough. 102 99:59:59,999 --> 99:59:59,999 We're looking at a fight to save this planet. 103 99:59:59,999 --> 99:59:59,999 And we have got to be bold and we have got to be aggressive. 104 99:59:59,999 --> 99:59:59,999 >> If it's not going to happen at the federal level or the state level, 105 99:59:59,999 --> 99:59:59,999 we in the communities where the innovation occurs, 106 99:59:59,999 --> 99:59:59,999 where we're gonna be on the front lines of the impact of climate change, 107 99:59:59,999 --> 99:59:59,999 we need to take it in our own hands 108 99:59:59,999 --> 99:59:59,999 and make the changes that we need to see. 109 99:59:59,999 --> 99:59:59,999 (Leonardo DiCaprio) If national governments won't take action, 110 99:59:59,999 --> 99:59:59,999 your community can. 111 99:59:59,999 --> 99:59:59,999 We no longer need the dead economy 112 99:59:59,999 --> 99:59:59,999 of the fossil fuel industry. 113 99:59:59,999 --> 99:59:59,999 We can move our economy town by town, state by state 114 99:59:59,999 --> 99:59:59,999 to renewable energy and a sustainable future. 115 99:59:59,999 --> 99:59:59,999 To learn more and join the movement, 116 99:59:59,999 --> 99:59:59,999 go to greenworldrising.og. 117 99:59:59,999 --> 99:59:59,999 [tranquil mid tempo orchestral music] 118 99:59:59,999 --> 99:59:59,999