Url?sa=t&rct=j&q=cap%20and%20trade%20scheme&source=web&cd=8&sqi=2&ved=0CGcQtwIwBw&url=http%3A%2F%2Fwww.youtube. Al Gore could become world's first carbon billionaire. Taibbi: Guess Who's Getting Rich Off The Cap-and-Trade Bill? Our Good Friends at Goldman Sachs! Barack Obama's Cap and Trade Program Is a Tax on the Working Class. Cap and Trade definition - An encyclopedia of environmental terms and topics from ecomii ecopedia. Cap and trade is one method for regulating and ultimately reducing the amount of pollution emitted into the atmosphere. It is viewed as a more democratic solution to regulating pollution than a carbon tax as it creates a commodity out of the right to emit carbon and allows the commodity to be traded on the free market.
How Cap and Trade Works Pros & Cons The Political Debate US Legislation A Successful Example How It Works The basic concept involves two parties, the governing body and the regulated companies or units emitting pollution. Since some companies can reduce polluting emissions more inexpensively than other companies, they may engage in trading any extra permits. Pros & Cons PROS: The leading legislative bills project a cap and trade system can reduce carbon dioxide by over 80% of 2005 emission levels by 2050 and significantly reduce the rate of global warming. Read more about the proposed policies below in 'Cap & Trade Legislation'.
The Political Debate around Cap and Trade Conclusion.