Cap and Trade is a market-based mechanism used to reduce emissions of pollutants or greenhouse gases by setting a limit (or cap) on the total amount of emissions allowed and allowing regulated entities to buy and sell emission permits (or allowances) within that cap. It aims to incentivize emissions reductions by creating a financial incentive for companies to reduce their emissions below the cap and providing flexibility in how they achieve those reductions.
Balancing growth with sustainability 🌱📊 Cap and
Trade is the economic handshake between regulation and innovation.
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