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Clearing Up Cap-And-Trade
In cap-and-trade, businesses can purchase the right to pollute from other companies that reduce their emissions more than they need to. (Photo courtesy of the US EPA)
Congress is considering restricting carbon emissions causing climate change with a cap-and-trade scheme. But, recent polls show only a handful of people have heard of cap-and-trade. Even fewer understand what it is. Lester Graham reports cap-and-trade is not new:
Wikipedia's page on cap-and-trade
Producer: Lester Graham
Release Date: November 19, 2009
Running Time: :52