Monday, May 11, 2009

Cap And Trade: Know What It Means?

From:The Motley Fool's Caps Blog


This week's Barron's had a number of articles on the Obama administration's desire to pass "Cap and Trade" legislation. For those of you who aren't familiar with the term, it essentially means that the government will levy a tax on companies whose operations produce carbon emissions and provide credits to "green" companies. These environmentally friendly companies can then turn around and sell the credits that they have earned to "dirty" companies.

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