Ask the Expert: What Is Cap and Trade?

What is cap and trade? How does cap and trade figure into President Obama’s budget? What effect will a successful cap-and-trade program have on the economy?

By Kari Manlove
April 24, 2009

(Transcript)

Read more:

Legislation: Congress May (finally) Act on Climate Change

Background: Cap and Trade 101

Interactive Map: States Benefit from Cap-and-Trade Auction Revenues

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Social Bookmarking

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Comments

1. What will cap & trade do to our economy? It will most definitely increase the cost to heat your home, to cool your home, to drive your car, to buy your food at the grocery store or anywhere else.

   Simply put: It is a gov’t tax that will apply to every aspect of our lives.

   — Chris - May 16, 12:40 AM - #
   
   

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