And here is how they will do it.
They have a scheme to buy and retire "carbon credits" pushing up the price of CO2. By reducing supply by refusing to re-sell carbon credits they hope to increase the price and financially penalise companies which fail to meet their targets.
Here is how it works
Members of the public will be asked to donate £20 each to buy "a tonne of cool" and make a commitment to reduce their own personal carbon footprint by a further tonne a year with the aim of taking out at least 1bn tonnes a year of CO2.
From every £20 donated to Global Cool, half will go to buy carbon credits, £4 to alternative energy firms, £3 to putting on Live 8 style concerts and £2 to green charities. The last £1 will cover administration.
And who is behind this effort in market manipulation, which is illegal in most countries by the way.
Big names such Leonardo Di Caprio, Orlando Bloom, KT Tunstall, Pink, The Killers, Razorlight and Josh Hartnett are all promoting this initiative.
Its a pity the Hollywood and the entertainment glitterati weren't around in the 13th century, perhaps they could have averted the climate collapse (the little ice age) that started about then. The little ice age led to mass starvation, disease and death throughout Europe.
But now we have them and they have promised to save the planet in ten years.
I feel safer already.