cap-and-trade
adjective
: relating to or being a system that caps the amount of carbon emissions a given company may produce but allows it to buy rights to produce additional emissions from a company that does not use the equivalent amount of its own allowance
Examples of cap-and-trade in a Sentence
Recent Examples on the Web
California’s rules are tougher March 29, 2024 The money comes from the state’s greenhouse gas cap-and-trade program, which was created by the California Global Warming Solutions Act of 2006 to drive down carbon emissions.
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Caroline Petrow-Cohen, Los Angeles Times, 1 Apr. 2024
High-speed rail development relies on state and federal funding and California’s cap-and-trade incentive, which is set to expire in 2030.
—Colleen Shalby, Los Angeles Times, 21 Mar. 2024
The board is also expected to consider reforms this year to the state’s flagship climate program called cap-and-trade, which is meant to cut carbon emissions by allowing industry such as oil refineries to purchase and trade permits to pollute.
—Theresa Clift, Sacramento Bee, 16 Feb. 2024
The exemption from emissions requirements for Brazil’s agricultural sector removed a major hurdle for cap-and-trade.
—Paulo Trevisani, WSJ, 26 Oct. 2023
In 2020, even before the recent surge in energy costs, everyday Britons were paying about 75 percent more for electricity than Americans, the result of a double whammy — cap-and-trade policies on the one hand and renewable subsidies on the other.
—Andrew Puzder, National Review, 5 Feb. 2024
General fund spending worth $3.4 billion would be shifted to other kitties, such as the cap-and-trade program that pays for climate programs.
—George Skelton, Los Angeles Times, 11 Jan. 2024
The Evergreen State’s cap-and-trade program launched last year as a result of the 2021 Climate Commitment Act, a law that requires businesses emitting over 25,000 metric tons of carbon a year to pay for their emissions.
—Nancy Vu, Washington Examiner, 8 Jan. 2024
The plan has been funded by some prior federal grants, as well as a bond fund approved by voters in 2008, and revenue from the state’s cap-and-trade climate program.
—Will Weissert, Fortune, 8 Dec. 2023
Caroline Petrow-Cohen, Los Angeles Times, 1 Apr. 2024
High-speed rail development relies on state and federal funding and California’s cap-and-trade incentive, which is set to expire in 2030.
—Colleen Shalby, Los Angeles Times, 21 Mar. 2024
The board is also expected to consider reforms this year to the state’s flagship climate program called cap-and-trade, which is meant to cut carbon emissions by allowing industry such as oil refineries to purchase and trade permits to pollute.
—Theresa Clift, Sacramento Bee, 16 Feb. 2024
The exemption from emissions requirements for Brazil’s agricultural sector removed a major hurdle for cap-and-trade.
—Paulo Trevisani, WSJ, 26 Oct. 2023
In 2020, even before the recent surge in energy costs, everyday Britons were paying about 75 percent more for electricity than Americans, the result of a double whammy — cap-and-trade policies on the one hand and renewable subsidies on the other.
—Andrew Puzder, National Review, 5 Feb. 2024
General fund spending worth $3.4 billion would be shifted to other kitties, such as the cap-and-trade program that pays for climate programs.
—George Skelton, Los Angeles Times, 11 Jan. 2024
The Evergreen State’s cap-and-trade program launched last year as a result of the 2021 Climate Commitment Act, a law that requires businesses emitting over 25,000 metric tons of carbon a year to pay for their emissions.
—Nancy Vu, Washington Examiner, 8 Jan. 2024
The plan has been funded by some prior federal grants, as well as a bond fund approved by voters in 2008, and revenue from the state’s cap-and-trade climate program.
—Will Weissert, Fortune, 8 Dec. 2023
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'cap-and-trade.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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“Cap-and-trade.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cap-and-trade. Accessed 18 Apr. 2024.
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