| gptkbp:instanceOf | gptkb:Market-based_mechanism gptkb:environmental_policy
 
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                                | gptkbp:aimsTo | Reduce greenhouse gas emissions 
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                                | gptkbp:allows | Trading of emission permits 
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                                | gptkbp:alternativeTo | Carbon tax 
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                                | gptkbp:criticizedFor | Permit overallocation Potential for market manipulation
 
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                                | gptkbp:establishes | Total emission limit 
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                                | gptkbp:firstReleased | 1990 
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                                | gptkbp:goal | Cost-effective emission reduction 
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                                | gptkbp:introducedIn | gptkb:United_States_Acid_Rain_Program 
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                                | gptkbp:involves | Emission allowances Emission caps
 Trading of permits
 
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                                | gptkbp:mayInclude | Offsets Auctioning of permits
 Banking of permits
 
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                                | gptkbp:monitors | Regulatory agencies 
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                                | gptkbp:promotion | Emission reductions 
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                                | gptkbp:regulates | Carbon dioxide emissions Other greenhouse gases
 
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                                | gptkbp:relatedTo | gptkb:Paris_Agreement gptkb:Kyoto_Protocol
 
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                                | gptkbp:supportedBy | Environmental economists 
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                                | gptkbp:usedBy | gptkb:California_Cap-and-Trade_Program gptkb:European_Union_Emissions_Trading_System
 gptkb:Regional_Greenhouse_Gas_Initiative
 
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                                | gptkbp:usedIn | gptkb:Canada gptkb:China
 gptkb:Japan
 gptkb:New_Zealand
 gptkb:South_Korea
 
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                                | gptkbp:bfsParent | gptkb:Air_Resources_Board 
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                                | gptkbp:bfsLayer | 8 
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                                | https://www.w3.org/2000/01/rdf-schema#label | Cap-and-Trade Program 
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