--- title: "Meaning & Key Takeaway of: The cap-and-trade plan is more market…" description: "\"The cap-and-trade plan is more market driven than anything else. If you want to discourage carbon use, you have to make it more expensive, but what is ..." image: "https://sms4smile.com/quotes/i/cc4/phil-gramm-14932_anything_the-cap-and-trade-plan-is-more-market-dr_1907440.png" --- # The cap-and-trade plan is more market driven than anything… ![“The cap-and-trade plan is more market driven than anything else. If you want to discourage carbon use, you have to make it more expensive, but what is crucial is that this be a worldwide program that includes China and India.” quote by Phil Gramm](https://sms4smile.com/quotes/i/cc4/phil-gramm-14932_anything_the-cap-and-trade-plan-is-more-market-dr_1907440.png) [Download](https://sms4smile.com/quotes/i/cc4/phil-gramm-14932_anything_the-cap-and-trade-plan-is-more-market-dr_1907440.png) [Open image](https://sms4smile.com/quotes/i/cc4/phil-gramm-14932_anything_the-cap-and-trade-plan-is-more-market-dr_1907440.png) > “The cap-and-trade plan is more market driven than anything else. If you want to discourage carbon use, you have to make it more expensive, but what is crucial is that this be a worldwide program that includes China and India.” [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Market‑based mechanisms can reduce emissions if applied globally, especially including major emitters. **In simple terms:** Cap‑and‑trade works when worldwide and includes big economies. Key Takeaway Implement global carbon pricing with universal participation. Themes environment economics policy Mood analytical serious Type policy explanatory When to use this quote - government regulation - corporate emissions strategy - international negotiations Key Concepts market mechanisms global cooperation Questions to Reflect On - How can we incentivize participation from all nations? - What alternatives exist if consensus fails? A Different Perspective Political resistance may hinder universal adoption. ★ ★ ★ ★ ★ No ratings yet [Anything](https://sms4smile.com/quotes/about/anything/) [Carbon](https://sms4smile.com/quotes/about/carbon/) [Carbon Use](https://sms4smile.com/quotes/about/carbon-use-2851230/) [China](https://sms4smile.com/quotes/about/china/) [Climate](https://sms4smile.com/quotes/about/climate/) [Crucial](https://sms4smile.com/quotes/about/crucial/) [Discourage](https://sms4smile.com/quotes/about/discourage/) [Discourage Carbon](https://sms4smile.com/quotes/about/discourage-carbon-2851229/) [Driven](https://sms4smile.com/quotes/about/driven/) [Else](https://sms4smile.com/quotes/about/else/) [Expensive](https://sms4smile.com/quotes/about/expensive/) [Includes](https://sms4smile.com/quotes/about/includes/) [Includes China](https://sms4smile.com/quotes/about/includes-china-2851231/) [India](https://sms4smile.com/quotes/about/india/) [Investing](https://sms4smile.com/quotes/about/investing/) [Make](https://sms4smile.com/quotes/about/make/) [Market](https://sms4smile.com/quotes/about/market/) [More](https://sms4smile.com/quotes/about/more/) [Plan](https://sms4smile.com/quotes/about/plan/) [Program](https://sms4smile.com/quotes/about/program/) [Than](https://sms4smile.com/quotes/about/than/) [Trade Plan](https://sms4smile.com/quotes/about/trade-plan-2851232/) [Use](https://sms4smile.com/quotes/about/use/) [Want](https://sms4smile.com/quotes/about/want/) [Worldwide](https://sms4smile.com/quotes/about/worldwide/) [You](https://sms4smile.com/quotes/about/you/) ## Related quotes > [ Our free trade plan is quite simple. 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It's…](https://sms4smile.com/quotes/vint-cerf/remember-governance-is-a-big-word-that-includes-human-rights-freedom/) [Vint Cerf](https://sms4smile.com/quotes/author/vint-cerf/) > [It more or less has the shape of a love song, but 'Crescent Moon' reflects more my longing for an ancient romantic context that…](https://sms4smile.com/quotes/frank-black/it-more-or-less-has-the-shape-of-a-love-song-but-crescent-moon/) [Frank Black](https://sms4smile.com/quotes/author/frank-black/) > [Impact investing has become a broad umbrella that includes all investing with a focus on both financial return and social impact, but in its…](https://sms4smile.com/quotes/jacqueline-novogratz/impact-investing-has-become-a-broad-umbrella-that-includes-all/) [Jacqueline Novogratz](https://sms4smile.com/quotes/author/jacqueline-novogratz/) > [I don't want to be any kind of producer at all - hands-on or otherwise! I feel producing is a very difficult job and…](https://sms4smile.com/quotes/kajol/i-don-t-want-to-be-any-kind-of-producer-at-all-hands-on-or-otherwise/) [Kajol](https://sms4smile.com/quotes/author/kajol/) > [The very first television ad targeted to women was produced by the Eisenhower-Nixon campaign in 1956. It includes footage of a woman supervising her…](https://sms4smile.com/quotes/jill-lepore/the-very-first-television-ad-targeted-to-women-was-produced-by-the/) [Jill Lepore](https://sms4smile.com/quotes/author/jill-lepore/) > [We don't really know where human sexual orientations come from yet. What we do know is that the evidence we have that sexual orientation…](https://sms4smile.com/quotes/alice-dreger/we-don-t-really-know-where-human-sexual-orientations-come-from-yet/) [Alice Dreger](https://sms4smile.com/quotes/author/alice-dreger/) > [Obviously, your family life is the priority, but there's still other stuff you have to get done in a day. I think the way…](https://sms4smile.com/quotes/cindy-crawford/obviously-your-family-life-is-the-priority-but-there-s-still-other/) [Cindy Crawford](https://sms4smile.com/quotes/author/cindy-crawford/) > [The first principle of cognitive therapy is that all your moods are created by your 'cognitions,' or thoughts. A cognition refers to the way…](https://sms4smile.com/quotes/david-d-burns/the-first-principle-of-cognitive-therapy-is-that-all-your-moods-are/) [David D. Burns](https://sms4smile.com/quotes/author/david-d-burns/) ## More by Phil Gramm > [“The genius of the American system is that we have created extraordinary results from plain old people.”](https://sms4smile.com/quotes/phil-gramm/the-genius-of-the-american-system-is-that-we-have-created/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [...we will not grant amnesty to illegal aliens in this Congress or, hopefully ever again. We did that once. Everybody said it was a…](https://sms4smile.com/quotes/phil-gramm/we-will-not-grant-amnesty-to-illegal-aliens-in-this-congress-or/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [Have the most reliable friend you can have in American politics, and that is ready money.](https://sms4smile.com/quotes/phil-gramm/have-the-most-reliable-friend-you-can-have-in-american-politics-and/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [I don't accept defeat as final. Only death is final - and even then I hope for a reprieve.](https://sms4smile.com/quotes/phil-gramm/i-don-t-accept-defeat-as-final-only-death-is-final-and-even-then-i/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [I would be the last person who would say immigrants are not important to America.](https://sms4smile.com/quotes/phil-gramm/i-would-be-the-last-person-who-would-say-immigrants-are-not-important/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [You just hear this constant whining, complaining about a loss of competitiveness, America in decline](https://sms4smile.com/quotes/phil-gramm/you-just-hear-this-constant-whining-complaining-about-a-loss-of/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [Every technological advance we've made in the 21st century and throughout the 20th has come from the United States of America.](https://sms4smile.com/quotes/phil-gramm/every-technological-advance-we-ve-made-in-the-21st-century-and/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [Granting amnesty to people who broke the law penalizes the millions of people who are waiting to come to America legally.](https://sms4smile.com/quotes/phil-gramm/granting-amnesty-to-people-who-broke-the-law-penalizes-the-millions/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [We're going to keep building the party until we're hunting Democrats with dogs.](https://sms4smile.com/quotes/phil-gramm/we-re-going-to-keep-building-the-party-until-we-re-hunting-democrats/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [You've heard of mental depression; this is a mental recession.](https://sms4smile.com/quotes/phil-gramm/you-ve-heard-of-mental-depression-this-is-a-mental-recession/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [The genius of the American system is that through freedom we have created extraordinary results from plain old ordinary people.](https://sms4smile.com/quotes/phil-gramm/the-genius-of-the-american-system-is-that-through-freedom-we-have/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [I have to tell you that the innovation and the technology and the entrepreneurship of the world still lies in the United States of…](https://sms4smile.com/quotes/phil-gramm/i-have-to-tell-you-that-the-innovation-and-the-technology-and-the/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [I love Texas because Texas is future-oriented, because Texans think anything is possible. Texans think big](https://sms4smile.com/quotes/phil-gramm/i-love-texas-because-texas-is-future-oriented-because-texans-think/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [Half the world does not know the joy of wearing cotton underwear.](https://sms4smile.com/quotes/phil-gramm/half-the-world-does-not-know-the-joy-of-wearing-cotton-underwear/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) > [The genius of the American system is that we have created extraordinary results from plain old ordinary people.](https://sms4smile.com/quotes/phil-gramm/the-genius-of-the-american-system-is-that-we-have-created-2/) [Phil Gramm](https://sms4smile.com/quotes/author/phil-gramm/) [Explore all 44 Phil Gramm quotes ](https://sms4smile.com/quotes/author/phil-gramm/) ## More Anything quotes > [I guess I've never really wanted to be anything else. I've never even thought about having another job.](https://sms4smile.com/quotes/owen-farrell/i-guess-i-ve-never-really-wanted-to-be-anything-else-i-ve-never-even/) [Owen Farrell](https://sms4smile.com/quotes/author/owen-farrell/) > [I would give anything to be able to kick a ball with my son or read the kids a bedtime story.](https://sms4smile.com/quotes/rob-burrow/i-would-give-anything-to-be-able-to-kick-a-ball-with-my-son-or-read/) [Rob Burrow](https://sms4smile.com/quotes/author/rob-burrow/) > [Comfort food is really anything you want at that time. That said, I really love Naple-style pizza.](https://sms4smile.com/quotes/geoffrey-zakarian/comfort-food-is-really-anything-you-want-at-that-time-that-said-i/) [Geoffrey Zakarian](https://sms4smile.com/quotes/author/geoffrey-zakarian/) > [I haven't shut any doors, and I'm really open to anything, so I think it's just about the material and what is going to…](https://sms4smile.com/quotes/danielle-panabaker/i-haven-t-shut-any-doors-and-i-m-really-open-to-anything-so-i-think/) [Danielle Panabaker](https://sms4smile.com/quotes/author/danielle-panabaker/) > [When it really comes down to it, the job you do is more important and is more representative of who you are than your…](https://sms4smile.com/quotes/michael-cudlitz/when-it-really-comes-down-to-it-the-job-you-do-is-more-important-and/) [Michael Cudlitz](https://sms4smile.com/quotes/author/michael-cudlitz/) > [The reason I'm drawn to it is - both the off road racing and the motorcycles on the track - it takes a lot…](https://sms4smile.com/quotes/dax-shepard/the-reason-i-m-drawn-to-it-is-both-the-off-road-racing-and-the/) [Dax Shepard](https://sms4smile.com/quotes/author/dax-shepard/) > [I never did drama at school. I did it for one term, when it was compulsory, and I hated it. Tennis was the main…](https://sms4smile.com/quotes/luke-mitchell/i-never-did-drama-at-school-i-did-it-for-one-term-when-it-was/) [Luke Mitchell](https://sms4smile.com/quotes/author/luke-mitchell/) > [We live in such a special time when literally anything we can think of is possible](https://sms4smile.com/quotes/daniel-willey/we-live-in-such-a-special-time-when-literally-anything-we-can-think/) [Daniel Willey](https://sms4smile.com/quotes/author/daniel-willey/) > [You know, I'm from Baltimore; nobody has anything. When somebody had talent, I was hiring my uncle, my cousin, you know? Getting people that…](https://sms4smile.com/quotes/sisqo/you-know-i-m-from-baltimore-nobody-has-anything-when-somebody-had/) [Sisqo](https://sms4smile.com/quotes/author/sisqo/) > [I said to my agent, 'I want short, sharp, well-paid jobs because I haven't got time for anything else.'](https://sms4smile.com/quotes/billie-whitelaw/i-said-to-my-agent-i-want-short-sharp-well-paid-jobs-because-i-haven/) [Billie Whitelaw](https://sms4smile.com/quotes/author/billie-whitelaw/) > [I think anything that anyone writes thats any good is going to have a lot of autobiography.](https://sms4smile.com/quotes/stephen-adly-guirgis/i-think-anything-that-anyone-writes-thats-any-good-is-going-to-have-a/) [Stephen Adly Guirgis](https://sms4smile.com/quotes/author/stephen-adly-guirgis/) > [If the Bible is correct, and the Earth is only 6,000 years old, that means there were no dinosaurs, and museum curators have been…](https://sms4smile.com/quotes/ron-shock/if-the-bible-is-correct-and-the-earth-is-only-6-000-years-old-that/) [Ron Shock](https://sms4smile.com/quotes/author/ron-shock/) > [Don't do anything drastic like getting your eyebrows tattooed.](https://sms4smile.com/quotes/greta-lee/don-t-do-anything-drastic-like-getting-your-eyebrows-tattooed/) [Greta Lee](https://sms4smile.com/quotes/author/greta-lee/) > [Whenever you define family as anything other than a man and a woman married together, you have just introduced an ethical nightmare.](https://sms4smile.com/quotes/tony-evans/whenever-you-define-family-as-anything-other-than-a-man-and-a-woman/) [Tony Evans](https://sms4smile.com/quotes/author/tony-evans/) > [No lusting after your neighbor's house - or wife or servant or maid or ox or donkey. Don't set your heart on anything that…](https://sms4smile.com/quotes/moses/no-lusting-after-your-neighbor-s-house-or-wife-or-servant-or-maid-or/) [Moses](https://sms4smile.com/quotes/author/moses/) [Browse all 9,437 Anything quotes ](https://sms4smile.com/quotes/about/anything/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The cap-and-trade plan is more market driven than anything else. 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