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cap-and-trade "

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    • \ ˈkap-ən(d)-ˈtrād \

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    [Adjective]  | "cap-and-trade" | \ ˈkap-ən(d)-ˈtrād \


    1: 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


    Origin: 1995 ;

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     [ "cap and trade" ]

    1: Cap and Trade is a corporate program to help reduce co2 emissions by 2050. It works by the government giving away permits to large companies that make a huge amount of the co2 emissions. As time goes by, the government gives away less permits, thus less co The energy will then be replaced by solar and wind energy. By the time this plan is over, emissions will be reduced by 80 percent. But, there are a huge amount of things wrong with this plan.

      * e.g.,  ... Fred: Cap and Trade will solve all of our problems. 

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