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 This November, voters in Washington state will have the final say on Initiative 2117, which would repeal the Climate Commitment Act and prohibit state agencies from implementing a cap-and-trade program. Brett Davis | The Center Square, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 26 June 2024 In some cases, such as the United States’ trading mechanism for sulfur dioxide emissions (the world’s first large-scale pollutant cap-and-trade system, often thought to represent the success of market mechanisms), pricing followed rather than led successful administrative interventions. Joseph E. Stiglitz, Foreign Affairs, 25 July 2022 The cap-and-trade spending is definitely a big deal, even as some experts say the numbers are likely a bit exaggerated. Sammy Roth, Los Angeles Times, 14 May 2024 Advertisement Additionally, Californians have received credits on utility bills funded by the cap-and-trade program. Ian James, Los Angeles Times, 9 May 2024 Carbon capture plays a role in the state’s cap-and-trade program, which sets limits on greenhouse gas emissions and allows companies to buy and sell their unused credits. Hayley Smith, Los Angeles Times, 22 Apr. 2024 The state also has a cap-and-trade program and low-carbon fuel standard that adds roughly another 46 cents a gallon, according to the group. Kristin J. Bender, The Mercury News, 19 Apr. 2024 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. 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

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.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cap-and-trade. Accessed 7 Jul. 2024.

Last Updated: - Updated example sentences
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