Noun
English Wikipedia has an article on:cap and tradeWikipedia
cap and trade (uncountable)
A market-based approach to control pollution by providing economic incentives for achieving reductions in emissions, participating companies being assigned an emissions quota that can be traded with others if not used.
I'm finding myself really angry over spending and the deficit. I'm finding myself really angry over what's happening in the Middle East, the decision to stay in Afghanistan indefinitely. I'm angry about cap and trade. And I've been on record for a long time on the failed war on drugs. Gary Johnson
I think we can lower our emissions. I think the world will be better off if we did that, and we can do it without cap and trade. Fred Upton
Nobody in this country realizes that cap and trade is a tax, and it's a great big one. John Dingell
You don't get real reform by pandering to every special interest. With cap and trade we wound up with a bill that didn't accomplish much, was enormously complicated and expensive. Brian Baird
Because cap and trade is enforced through the selling and trading of permits, it actually perpetuates the pollution it is supposed to eliminate. James Hansen
Ever since the collapse of cap and trade legislation and the realization that President Obama is unlikely to ever utter the words 'climate change' in public again, much less use the bully pulpit to prepare the nation for the catastrophic risks of inaction, the movement has been in a funk. Jeff Goodell