Cap and trade is a proposed market-driven environmental policy that sets limits on the amount of pollution that industry can produce,and it is used by Texans to

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Cap and trade is a market-based system that incentivizes industries to reduce pollution by placing a limit on the amount they can emit. Industries can either reduce their emissions or purchase credits from other industries that have reduced their emissions below their limit. This incentivizes investment in new technology that produces less pollution, which is beneficial for the environment and the economy. Texas, a majority Republican and conservative state, has implemented cap and trade programs to attract industry investment and reduce pollution.

Cap and Trade Is a Proposed Market-Driven Environmental Policy That