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Showing posts from May, 2010

Cap and Trade: A real solution or a problem?

Environmental issues such as global warming have reached its alarming stage which made the entire world investing extra efforts to resolve it. One of the solutions that nations considered is the “cap and trade system”. Cap and Trade is a regulatory system which allows pollution emitters to trade pollution permits, and allowances among themselves. It aims to reduce emissions of carbon dioxide and other greenhouse gases by defining limits on the said emissions.