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词汇 cap-and-trade
释义 cap and trade
noun[ U ]
 ENVIRONMENT, SOCIAL RESPONSIBILITYukus
a system that puts a limit on the amount of pollution companies can produce. Companies can buy and sell rights to put harmful gases into the air, meaning a company that reduces its pollution is financially rewarded:
Cap and trade has been successful in reducing acid rain in the U.S. by more than 30%.
cap and trade program/scheme/system
See also
emissions trading

Examples of cap and trade


cap and trade
New regulations can be designed to be far more efficient at reducing damages compared to current approaches including capandtrade.
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The measure was intended to increase performance standards for electricity generation and motor vehicles with the option of an emissions capandtrade system.
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This bill proposed the common capandtrade system, which became the major attraction to the bill.
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Overall, the program's capandtrade program has been successful in achieving its goals.
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This led to the concept of capandtrade as a means of achieving the least cost solution for a given level of abatement.
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Wikipedia

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If overall limits on greenhouse gas emission are put into place, capandtrade market mechanisms are purported to find cost-effective ways to reduce emissions.
From
Wikipedia

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In the capandtrade system only a set amount are auctioned off and the rest are given away for free.
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Wikipedia

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He saw perhaps the benefit of some limited plant development within the context of a capandtrade regime (not yet in place).
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This can be achieved through, for example, the imposition of a green tax, a capandtrade program, or higher fuel taxes.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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