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- DictionaryCap and trade
noun
- 1. a system for controlling carbon emissions and other forms of atmospheric pollution by which an upper limit is set on the amount a given business or other organization may produce but which allows further capacity to be bought from other organizations that have not used their full allowance: "a groundbreaking emissions cap-and-trade system"
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Dec 5, 2020 · Cap and trade is a common term for a government regulatory program designed to limit, or cap, the total level of emissions of certain chemicals, particularly...
Jan 22, 2020 · How cap and trade works. January 22, 2020. The best climate policy — environmentally and economically — limits emissions and puts a price on them. Cap and trade is one way to do both. It’s a system designed to reduce pollution in our atmosphere.
Nov 14, 2023 · Emissions trading, sometimes referred to as “cap and trade” or “allowance trading,” is an approach to reducing pollution that has been used successfully to protect human health and the environment. Emissions trading programs have two key components: a limit (or cap) on pollution, and tradable allowances equal to the limit that authorize ...
Dec 19, 2022 · Cap and trade is an emissions reduction tool in which governments or other authoritative bodies give corporations a limit to how much greenhouse gas (GHG) they can emit...
Cap and trade is an approach that harnesses market forces to reduce emissions cost-effectively. Like other market-based strategies, it differs from “command-and-control” approaches where the government sets performance standards or dictates technology choices for individual facilities.
