cap and trade - Definition & Meaning

cap and trade

an environmental policy where companies are allocated emission limits, and those emitting below their limits can sell their extra allowances to higher emittersan environmental policy where companies are allocated emission limits, and those emitting below their limits can sell their extra allowances to higher emitters

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cap and trade

Plural

cap and trade systems

an environmental policy where companies are allocated emission limits, and those emitting below their limits can sell their extra allowances to higher emitters