Top definition
Cap and Trade is a corporate program to help reduce co2 emissions by 2050. It works by the government giving away permits to large companies that make a huge amount of the co2 emissions. As time goes by, the government gives away less permits, thus less co2. The energy will then be replaced by solar and wind energy. By the time this plan is over, emissions will be reduced by 80 percent.

But, there are a huge amount of things wrong with this plan.
Fred: Cap and Trade will solve all of our problems.
Lisa: Fred, think about it, Cap and Trade is just ANOTHER way for large companies to make more money and cheat more people.
by GJayy July 24, 2010
Get the mug
Get a cap and trade mug for your mom Yasemin.