cap and trade in a quote

"Consider the perverse effect cap and trade has on altruistic actions. Say you decide to buy a small, high-efficiency car. That reduces your emissions, but not your country's. Instead it allows somebody else to buy a bigger S.U.V. - because the total emissions are set by the cap."

"Ever since the collapse of cap and trade legislation and the realization that President Obama is unlikely to ever utter the words 'climate change' in public again, much less use the bully pulpit to prepare the nation for the catastrophic risks of inaction, the movement has been in a funk."

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  • Urban Dictionary for "cap and trade"
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