Definition & Meaning of "cap and trade"in English

Cap and trade

NOUN

an environmental policy where companies are allocated emission limits, and those emitting below their limits can sell their extra allowances to higher emitters

Grammatical Information

Animacy status

Abstract

Composition

Compound

Uncountable

singular

not gender specific

Plural form

cap and trade systems

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Definition & Meaning of "cap and trade"in English

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