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American Bar Association Young Lawyers Division The 101 Practice Series: Breaking Down the Basics © 2010 American Bar Association. All Rights Reserved. What is Cap and Trade? By Nichole Jongsma Derks Cap and trade legislation is a hot topic as various entities across the globe, governmental agencies, and Congress attempt to address reducing pollution and global warming. Effectively, cap and trade legislation seeks to promote economic development and industry while rewarding...

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