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CAP AND TRADE
Cap and trade, often referred to as emissions trading, is an administrative approach to control pollution by providing economic incentives for those companies that reduce their emissions. The goal is to steadily reduce carbon dioxide and other greenhouse gas emissions economy-wide in a cost-effective manner. Successful cap and trade programs reward innovation, efficiency, and early action and provide strict environmental accountability without inhibiting economic growth. The European Union Emission Trading System is the largest multi-national, emissions trading scheme in the world. The U.S. is currently looking into cap and trade options -- this topic covers the latest.
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A new study reveals that for every unit of greenhouse gases (GHGs) emitted by the chemical industry, society saves more...
The American Clean Energy and Security (ACES) Act of 2009 (also known as the Waxman-Markey bill) seeks to lower the...
Top Sources: Cap and Trade
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