mass noun, usually as modifierA 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.
Congress has so far refused to adopt a carbon tax or cap-and-trade legislation
some influential environmentalists oppose the whole idea of cap and trade
Example sentencesExamples
He has said he's not sure if humans are causing climate change, but he wouldn't mind "some cap and trade".
In some countries a cap and trade, under certain circumstances, can be an effective instrument.
If a nationwide cap and trade program were imposed that covered all US carbon emissions, the permits could be worth as much as $100 billion.
Farmers could trade spare capacity, so what they're really proposing is a "cap and trade" mechanism for (a proxy for) ruminant methane.
Kyoto and the EU's Cap and Trade program set emissions targets for countries or large companies.
The whole point of cap and trade is to price carbon, not give it away for free, because the pricing element encourages the innovation needed to make the needed reductions.
Proponents say cap and trade will cut emissions by 20 percent from 2005 levels by the year 2020.
Cap and trade would require polluting businesses to obtain permits to emit carbon monoxide.
Canada will introduce the first nationwide cap and trade program for industrial users of solvents in North America on January 1, 2004.
The European Union has established a similar cap and trade program for carbon dioxide.
Definition of cap and trade in US English:
cap and trade
noun
usually as modifierA 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.
Congress has so far refused to adopt a carbon tax or cap-and-trade legislation
some influential environmentalists oppose the whole idea of cap and trade
Example sentencesExamples
Kyoto and the EU's Cap and Trade program set emissions targets for countries or large companies.
In some countries a cap and trade, under certain circumstances, can be an effective instrument.
The European Union has established a similar cap and trade program for carbon dioxide.
Canada will introduce the first nationwide cap and trade program for industrial users of solvents in North America on January 1, 2004.
Farmers could trade spare capacity, so what they're really proposing is a "cap and trade" mechanism for (a proxy for) ruminant methane.
He has said he's not sure if humans are causing climate change, but he wouldn't mind "some cap and trade".
If a nationwide cap and trade program were imposed that covered all US carbon emissions, the permits could be worth as much as $100 billion.
Proponents say cap and trade will cut emissions by 20 percent from 2005 levels by the year 2020.
Cap and trade would require polluting businesses to obtain permits to emit carbon monoxide.
The whole point of cap and trade is to price carbon, not give it away for free, because the pricing element encourages the innovation needed to make the needed reductions.