: 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 For instance, several of China’s provinces have copied California’s cap-and-trade program for industrial emissions. Ann Scott Tyson, The Christian Science Monitor, 2 Nov. 2023 Europe also excludes farmers from its emissions trading system, the world’s largest cap-and-trade market. Paulo Trevisani, WSJ, 26 Oct. 2023 The country also followed in California’s footsteps and established a national cap-and-trade program focused on power-generating facilities in 2021. Hayley Smith, Los Angeles Times, 18 Oct. 2023 The state’s cap-and-trade system is premised on big polluters, including oil and gas drillers, buying up permits that correspond to emissions avoided through the protection of its vast forests. Kate Aronoff, The New Republic, 27 Sep. 2023 The trading will use a cap-and-trade system where pollution levels are limited and allowances can be traded by businesses entities. Nancy Vu, Washington Examiner, 23 Aug. 2023 Voters approved Measure 113 in November as an attempt to crack down on walkouts at the Legislature which Republicans used in 2019 and 2020 to kill priority bills for Democrats, including greenhouse gas cap-and-trade proposals. Jamie Goldberg, oregonlive, 8 Aug. 2023 Brazil’s government has finalized a bill creating a cap-and-trade carbon market expected to help Latin America’s largest economy curb greenhouse gas emissions. Paulo Trevisani, WSJ, 8 Aug. 2023 Failure to achieve that could push prices extraordinarily high under the cap-and-trade system. Breanne Deppisch, Washington Examiner, 7 Aug. 2023 See More

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.

Word History

First Known Use

1995, in the meaning defined above

Time Traveler
The first known use of cap-and-trade was in 1995

Dictionary Entries Near cap-and-trade

Cite this Entry

“Cap-and-trade.” Dictionary, Merriam-Webster, Accessed 30 Nov. 2023.

Last Updated: - Updated example sentences
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