cap and trade

noun
🔊/ˌkæp ən ˈtreɪd/
🔊/ˌkæp ən ˈtreɪd/
[uncountable]
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  1. a system for controlling carbon emissions and other forms of pollution by setting a limit on the amount any business or organization may produce while allowing them to buy extra capacity from other organizations which have not used their full limit
    • Some environmentalists oppose the whole idea of cap and trade.一些环保主义者反对上限和交易的整个想法。
    • The centrepiece of his energy plan was a cap-and-trade system.他的能源计划的核心是总量控制与交易系统。