TRACKING OUR LEGISLAGTORS SERIES - BOCCIERI: DIFFERS FROM OBAMA IN OPPOSING "CAP-AND-TRADE"

What is "cap-and-trade," anyway?

According to Wikipedia, a shorthand definition is an:

approach in which an aggregate cap on all sources [of pollution] is established and these sources [companies, for the most part] are then allowed to trade amongst themselves to determine which sources actually emit the total pollution load.

In the accompanying video, Congressman John Boccieri (Democrat - Alliance - 16th congressional district) gives his reasons for opposing President Obama's "cap-and-trade" legislation and spells out his alternative.

Boccieri spoke in April at his "Congressman on Your Corner" event in Alliance.