cap and trade - Definition & Meaning

cap and trade

an environmental policy where companies are allocated emission limits, and those emitting below their limits can sell their extra allowances to higher emittersan environmental policy where companies are allocated emission limits, and those emitting below their limits can sell their extra allowances to higher emitters

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cap and trade

复数形式

cap and trade systems

限额与交易, 排放交易体系

an environmental policy where companies are allocated emission limits, and those emitting below their limits can sell their extra allowances to higher emitters