cap and trade
Hello, you have come here looking for the meaning of the word cap and trade. In DICTIOUS you will not only get to know all the dictionary meanings for the word cap and trade, but we will also tell you about its etymology, its characteristics and you will know how to say cap and trade in singular and plural. Everything you need to know about the word cap and trade you have here. The definition of the word cap and trade will help you to be more precise and correct when speaking or writing your texts. Knowing the definition ofcap and trade, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
- 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.
- 2013, Al Gore, “The Edge”, in The Future: Six Drivers of Global Change, New York: Random House, →ISBN, →LCCN, →OCLC, page 348:
- China is implementing a cap and trade system in five cities (Beijing, Tianjin, Shanghai, Chongqing, and Shenzhen) and two provinces (Guangdong and Hubei). These pilots are intended to be up and running in 2013 in order to provide a learning experience that will be used to implement a nationwide cap and trade system by 2015.
Translations
market-based approach to control pollution
|