sky trust
n.— «Carbon capping comes in three varieties: cap-and-trade, cap-and-auction, and cap-and-recycle.…In cap-and-recycle, permits are also sold, not given away free. However, the revenue doesn’t go to the government—it goes to all of us, one person, one share. The model here is the Alaska Permanent Fund, which pays equal dividends to all Alaskans from state oil income. This kind of cap is sometimes called a sky trust.» —“Carbon Capping: Let’s Do it Right!” by Peter Barnes Step It Up Sept. 11, 2007. (source: Double-Tongued Dictionary)
Further reading
Diamond dust, tapioca snow, and sugar icebergs — a 1955 glossary of arctic and subarctic terms describes the environment in ways that sound poetic. And a mom says her son is dating someone who’s non-binary. She supports their relationship, but...
What exactly is a planet? Controversy over this question led to Pluto’s redefinition, along with a brand-new English word. And: Some people now use the phrase all the things! to mean and whatnot or you know what I mean. This new sense of all...