| Cap-and-trade system: A cap-and-trade system is a market-based approach to controlling pollution by setting a cap on the total amount of emissions allowed and creating a market for emission permits. Emitters can buy and sell permits, which allows them to exceed the cap. See also Emissions trading, Emission targets, Emission reduction credits, Emission permits, Emissions._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |
