What does cap and trade mean?

Definitions for cap and trade
cap and trade

This dictionary definitions page includes all the possible meanings, example usage and translations of the word cap and trade.


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Wiktionary

  1. cap and tradenoun

    A market-based approach to control pollution by providing economic incentives for achieving reductions in emissions, participating companies being assigned an emissions quota that can be traded with others if not used.

Wikipedia

  1. cap and trade

    Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission trading for CO2 and other greenhouse gases has been introduced in China, the European Union and other countries as a key tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants. In an emissions trading scheme, a central authority or governmental body allocates or sells a limited number (a "cap") of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them.Emissions trading is a type of flexible environmental regulation that allows organizations and markets to decide how best to meet policy targets. This is in contrast to command-and-control environmental regulations such as best available technology (BAT) standards and government subsidies.

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Numerology

  1. Chaldean Numerology

    The numerical value of cap and trade in Chaldean Numerology is: 2

  2. Pythagorean Numerology

    The numerical value of cap and trade in Pythagorean Numerology is: 6

Examples of cap and trade in a Sentence

  1. Bill McKibben:

    With all the lobbyists on earth, environmentalists couldn't get cap and trade done.

  2. Nancy McFadden:

    Let's be clear: We are going to extend our climate goals and cap-and-trade program – one way or another, the Governor will continue working with the Legislature to get this done this year, next year or on the ballot in 2018.

  3. Tim Knopp:

    The public were very much opposed to the cap and trade policies which in that bill were very expensive, inefficient, and complicated, generally, the public is in favor of ballot security, voter ID, and making sure the elections are fair and the count is accurate.

  4. The CHSRA:

    What you're seeing was not a surprise, cap-and-trade is a very attractive funding source. But as a financing source, it's not there yet. This is a matter of both time and the marketplace getting used to these revenues.

  5. President Barack Obama:

    It may be that the politics around setting up a cap-and-trade system, for example, shifts as well, obviously I'm not under any illusion that this Congress will impose something like that.

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"cap and trade." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/cap+and+trade>.

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