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Eco-Glossary

Cap and trade

 
Cap and trade is an environmental policy tool that delivers results with a mandatory cap on emissions while providing sources flexibility in how they comply. Successful cap and trade programs reward innovation, efficiency and early action, and provide strict environmental accountability without inhibiting economic growth.
 
Examples of successful cap and trade programs include the nationwide Acid Rain Program and the regional NOx Budget Trading Program in the Northeast. Additionally, EPA issued the Clean Air Interstate Rule (CAIR) on March 10, 2005, to build on the success of these programs and achieve significant additional emission reductions. (Source: EPA / Photo: Library of Congress)

Recent Stories


Senator: Climate bill to set utility cap-and-trade standard

Mon, Mar 15 2010 at 5:29 PM EST

Anonymous source says details have yet to be worked out, but that's the direction the bill is taking.


Senate weighs final push to move climate bill

Sun, Feb 21 2010 at 8:40 AM EST

Senators will be given different options for the climate change bill when they return from recess.


Oil firms drop out of group lobbying for U.S. climate bill

Tue, Feb 16 2010 at 5:55 PM EST

Companies that formed blueprint last year say current proposal would hurt them.


Homeowners: Sell your own carbon credits

Thu, Jan 14 2010 at 7:31 PM EST

My Emissions Exchange just sold its first carbon credit on behalf of the Wilsons, a family in Harrisburg, Penn.


Looking ahead: Green business in 2010

Tue, Dec 29 2009 at 1:00 PM EST

As 2009 comes to a close, I want to take a minute and look ahead at how green business can grow and prosper in 2010.


S.C. senator stumps for climate change

Fri, Dec 18 2009 at 10:27 AM EST

Lindsey Graham is convinced that job creation hinges on energy independence: 'And you will never become energy independent until you price carbon.'


Australia's carbon-trading legislation fails

Wed, Dec 02 2009 at 9:42 AM EST

Scuttled proposal would have placed Australia alongside the EU and a handful of other places considering 'cap-and-trade' systems to cut greenhouse gas emissions.


Grist goes off on Annie Leonard's Story of Cap & Trade

Tue, Dec 01 2009 at 9:50 PM EST

Grist's David Roberts thinks Annie Leonard doesn't really understand the real Story of Cap & Trade.


The Story of Cap and Trade

Tue, Dec 01 2009 at 2:31 PM EST

The Story of Stuff's Annie Leonard takes on a new challenge: Explaining the potential perils of cap-and-trade legislation.


Senate panel kicks off climate bill drive

Tue, Oct 27 2009 at 1:16 AM EST

Committee hearings aim to build momentum for clean energy incentives in advance of Copenhagen summit.


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