"cap and trade" typed on a sheet of paper still in a typewriter

Cap and Trade in a Nutshell

You may have heard a lot late­ly about the cap and trade bill which was recent­ly sped through the House of Rep­re­sen­ta­tives and is cur­rent­ly in the Sen­ate. And you may have, like I had, absolute­ly no idea what “cap and trade” — emis­sions trad­ing — is all about. I asked Dad for a bit of clar­i­fi­ca­tion, and here it is, as I understand …

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