cap-and-trade

adjective

ˈkap-ən(d)-ˈtrād

: relating to or being a system that caps the amount of carbon emissions a given company may produce but allows it to buy rights to produce additional emissions from a company that does not use the equivalent amount of its own allowance

Examples of cap-and-trade in a Sentence

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State of play: One of the biggest fights is over Initiative 2117, which would repeal the state's cap-and-trade law that places a price on carbon emissions. —

Melissa Santos, Axios, 5 Nov. 2024 The credit is funded by the state’s cap-and-trade program, which attempts to reduce harmful emissions. —

Melody Petersen, Los Angeles Times, 30 Oct. 2024 The Obama Administration’s major climate initiative was based on cap-and-trade, which allows companies to buy and sell emission allowances. —

Nicholas Lemann, The New Yorker, 28 Oct. 2024 Repealing cap-and-trade Washington's cap-and-trade law puts a price on greenhouse gas emissions, and also requires some of the state's biggest polluters to reduce their carbon footprint over time. —

Melissa Santos, Axios, 21 Oct. 2024 See all Example Sentences for cap-and-trade