1 99:59:59,999 --> 99:59:59,999 ♪[ominous music]♪ 2 99:59:59,999 --> 99:59:59,999 (Leonardo DiCaprio) Ancient life on earth. 3 99:59:59,999 --> 99:59:59,999 Over millions of years plants and animals lived and died. 4 99:59:59,999 --> 99:59:59,999 That decomposed life sunk deep into the ground, and as a result, 5 99:59:59,999 --> 99:59:59,999 an ancient menace was created... fossil fuels. 6 99:59:59,999 --> 99:59:59,999 Black oil, coal, and gas, have created modern society as we know it. 7 99:59:59,999 --> 99:59:59,999 This ancient sunlight unleashed global industrial power on a scale 8 99:59:59,999 --> 99:59:59,999 never before witnessed in the history of the planet. 9 99:59:59,999 --> 99:59:59,999 But when burnt into the atmosphere, carbon causes climate change. 10 99:59:59,999 --> 99:59:59,999 97% of climate scientists agree that climate change 11 99:59:59,999 --> 99:59:59,999 is happening now and is caused by human activity. 12 99:59:59,999 --> 99:59:59,999 However, the fossil fuel industry continues to pull that carbon out of the ground. 13 99:59:59,999 --> 99:59:59,999 They drill, they extract, making trillions of dollars. 14 99:59:59,999 --> 99:59:59,999 They frack, they mine, earning astronomical profits. 15 99:59:59,999 --> 99:59:59,999 We need to keep this carbon in the ground. 16 99:59:59,999 --> 99:59:59,999 In order to prevent a catastrophic warming of the planet 17 99:59:59,999 --> 99:59:59,999 by 2 degrees Celsius, we cannot burn more than 500 gigatons 18 99:59:59,999 --> 99:59:59,999 of carbon into the atmosphere. But the fossil fuel industry has access 19 99:59:59,999 --> 99:59:59,999 to five times more than that. Almost 2800 gigatons of carbon pollution 20 99:59:59,999 --> 99:59:59,999 is ready to be pulled out of the ground, sold, and burned. 21 99:59:59,999 --> 99:59:59,999 We must fight to keep this carbon in the ground, and it is possible. 22 99:59:59,999 --> 99:59:59,999 >> People are ready for conversation. They're ready to understand 23 99:59:59,999 --> 99:59:59,999 that carbon pollution is causing this challenge, 24 99:59:59,999 --> 99:59:59,999 and that there is a simple solution... 25 99:59:59,999 --> 99:59:59,999 Put a price on carbon pollution. 26 99:59:59,999 --> 99:59:59,999 In the United States we spend $110 billion federal dollars 27 99:59:59,999 --> 99:59:59,999 on climate change events. That's about $300 a person in tax dollars. 28 99:59:59,999 --> 99:59:59,999 >> But we certainly need a price on carbon pollution. 29 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 30 99:59:59,999 --> 99:59:59,999 a real cost. And that cost should be reflected in the cost of carbon pollution. 31 99:59:59,999 --> 99:59:59,999 >> In the '50s in London, based on the industrial revolution, 32 99:59:59,999 --> 99:59:59,999 there was so much pollution, as you see in Beijing and around 33 99:59:59,999 --> 99:59:59,999 China today, that you actually couldn't see six straight feet in front of you. 34 99:59:59,999 --> 99:59:59,999 They put a price on pollution, and it changed. 35 99:59:59,999 --> 99:59:59,999 >> You have to put a price on carbon, and that can either happen 36 99:59:59,999 --> 99:59:59,999 by carbon trading or through a carbon tax. There's a moral imperative there, 37 99:59:59,999 --> 99:59:59,999 but there's also a business imperative. 38 99:59:59,999 --> 99:59:59,999 >> Senator Boxer and I have introduced legislation to do just that. 39 99:59:59,999 --> 99:59:59,999 We are going to do it in a way that impacts fewer than 3,000 40 99:59:59,999 --> 99:59:59,999 of the most significant fossil fuel polluters in the country. 41 99:59:59,999 --> 99:59:59,999 And the reason you do it, is people should 42 99:59:59,999 --> 99:59:59,999 not have the " freedom" to destroy the planet. 43 99:59:59,999 --> 99:59:59,999 They cannot continue to be able to do that with impunity 44 99:59:59,999 --> 99:59:59,999 to the tune now of a trillion dollars a year. We need to redirect these 45 99:59:59,999 --> 99:59:59,999 subsidies that encourage innovation. That's what we need in the world. 46 99:59:59,999 --> 99:59:59,999 But the biggest barrier is money from fossil industries that want to defend 47 99:59:59,999 --> 99:59:59,999 their market share, and which I consider the industries' walking butt. They've got 48 99:59:59,999 --> 99:59:59,999 tremendous assets underground that they want to be able to mine. 49 99:59:59,999 --> 99:59:59,999 Those are trillions of dollars of assets that the fossil energy companies used 50 99:59:59,999 --> 99:59:59,999 to evaluate their worth in the stock market. And the fact that we want 51 99:59:59,999 --> 99:59:59,999 to strand them, to leave them underground, is not going over real well 52 99:59:59,999 --> 99:59:59,999 in those industries. But in fact, if we wanted to head off the worst 53 99:59:59,999 --> 99:59:59,999 uncontrollable damages from climate change, that's what we have to do. 54 99:59:59,999 --> 99:59:59,999 Thom Hartmann: Finland and the Netherlands implemented a carbon tax 55 99:59:59,999 --> 99:59:59,999 back in 1990. Both, putting a price tag on each ton of CO2 poison. 56 99:59:59,999 --> 99:59:59,999 >> In the beginning of the '90s there was a deep understanding 57 99:59:59,999 --> 99:59:59,999 that we should do something. We think that the Finnish economy 58 99:59:59,999 --> 99:59:59,999 should be based on sustainable energy in order to make our society competitive 59 99:59:59,999 --> 99:59:59,999 and in order to save our planet, which is, of course, the main target. 60 99:59:59,999 --> 99:59:59,999 Thom Hartmann : Since then, several other nations have created their own versions, 61 99:59:59,999 --> 99:59:59,999 including Norway, Costa Rica, and the United Kingdom. 62 99:59:59,999 --> 99:59:59,999 Ireland passed a carbon tax in 2010. 63 99:59:59,999 --> 99:59:59,999 >> It was very simple to introduce. When they see a carbon tax in place, 64 99:59:59,999 --> 99:59:59,999 people know that they can invest in alternatives that actually 65 99:59:59,999 --> 99:59:59,999 cut out the use of fossil fuel. 66 99:59:59,999 --> 99:59:59,999 It starts to have that effect improving energy efficiency in your homes 67 99:59:59,999 --> 99:59:59,999 and improving industries' energy efficiency. 68 99:59:59,999 --> 99:59:59,999 And what we've seen in the last 5 years is we doubled amount 69 99:59:59,999 --> 99:59:59,999 of renewable energy supplies, so the benefit for the consumer 70 99:59:59,999 --> 99:59:59,999 is if through those signals you can cut out the wasteful use of energy, 71 99:59:59,999 --> 99:59:59,999 then everyone is saving money and it more than covers the cost 72 99:59:59,999 --> 99:59:59,999 of the carbon tax in the first place. 73 99:59:59,999 --> 99:59:59,999 Thom Hartmann: In Australia, renewables like wind are now cheaper 74 99:59:59,999 --> 99:59:59,999 than fossil fuels like coal. Recently China put a price on carbon 75 99:59:59,999 --> 99:59:59,999 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 89 99:59:59,999 --> 99:59:59,999 to global warming. 90 99:59:59,999 --> 99:59:59,999 >> Finally we're at the point where wind power and solar are coming down in price 91 99:59:59,999 --> 99:59:59,999 in a quarter of the United States. Solar voltaics are already cost effective. 92 99:59:59,999 --> 99:59:59,999 Last year more wind power was added than natural gas power. 93 99:59:59,999 --> 99:59:59,999 And this is true around the world. We have the technologies at hand. 94 99:59:59,999 --> 99:59:59,999 We are ready now to really ramp up deployment. 95 99:59:59,999 --> 99:59:59,999 >> The figures for Ireland I think show an example that you can actually 96 99:59:59,999 --> 99:59:59,999 start cutting out the carbon and your economy still holds up. 97 99:59:59,999 --> 99:59:59,999 The world didn't come to an end. I think it's a lesson 98 99:59:59,999 --> 99:59:59,999 for the rest of the world. 99 99:59:59,999 --> 99:59:59,999 >> We've been disappointed by the national policymakers who haven't been 100 99:59:59,999 --> 99:59:59,999 able to resolve their differences about this and time is growing very, very short. 101 99:59:59,999 --> 99:59:59,999 President Obama is the last president with a chance to confront this problem 102 99:59:59,999 --> 99:59:59,999 in a way that may head off the worst of the damage. 103 99:59:59,999 --> 99:59:59,999 >> But given the severity of the problem right now, we're not moving fast enough. 104 99:59:59,999 --> 99:59:59,999 We're looking at a fight to save this planet. 105 99:59:59,999 --> 99:59:59,999 And we have got to be bold and we have got to be aggressive. 106 99:59:59,999 --> 99:59:59,999 >> If it's not going to happen at the federal level or the state level, 107 99:59:59,999 --> 99:59:59,999 we in the communities, where the innovation occurs, 108 99:59:59,999 --> 99:59:59,999 where we're gonna be on the front lines of the impact of climate change, 109 99:59:59,999 --> 99:59:59,999 we need to take it in our own hands 110 99:59:59,999 --> 99:59:59,999 and make the changes that we need to see. 111 99:59:59,999 --> 99:59:59,999 (Leonardo DiCaprio) If national governments won't take action, 112 99:59:59,999 --> 99:59:59,999 your community can. 113 99:59:59,999 --> 99:59:59,999 We no longer need the dead economy 114 99:59:59,999 --> 99:59:59,999 of the fossil fuel industry. 115 99:59:59,999 --> 99:59:59,999 We can move our economy town by town, state by state to renewable energy 116 99:59:59,999 --> 99:59:59,999 and a sustainable future. 117 99:59:59,999 --> 99:59:59,999 To learn more and join the movement, 118 99:59:59,999 --> 99:59:59,999 go to greenworldrising.og. 119 99:59:59,999 --> 99:59:59,999 ♪(tranquil mid tempo orchestral music)♪ 120 99:59:59,999 --> 99:59:59,999