What Is Cap-and-Trade?

Wei, Norman
August 2009
Pollution Engineering;Aug2009, Vol. 41 Issue 8, p11
Trade Publication
The article discusses the function of cap-and-trade program for greenhouse gas emissions in the U.S. It notes that the idea of cap-and-trade is to provide industry a disincentive to continue the emission of harmful pollutants including the greenhouse gas such as the CO2 from coal power plants. It also notes that the concept of cap-and-trade was already used in controlling the emission of SO2 which is part of the law to reduce acid rain.


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