cap-and-trade
- denoting a scheme which allows companies with high greenhouse gas emissions to buy an emission allowance from companies which have fewer emissions, in a bid to reduce the overall impact to the environment
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Examples from the Web for cap-and-trade
Contemporary Examples
That legislation included a cap-and-trade plan to lower carbon emissions.
Obama’s New Emissions Rules Will Yank the Climate Change Debate Back Into RealitySally Kohn
June 2, 2014
A carbon tax or cap-and-trade regime is probably not going to happen.
Theda Skopcol has written a lengthy post-mortem on the failure of cap-and-trade legislation aimed at reducing carbon emissions.
Cap-and-trade is much kludgier than carbon taxes; subsidies to wind and solar are kludgier than cap and trade.
Ryan opposed a cap-and-trade program on energy in 2009, calling it “job-killing.”