emissions trading
/ɪˈmɪʃnz ˌtreɪdɪŋ
/noun [mass noun]
A system by which countries and organizations receive permits to produce a specified amount of carbon dioxide and other greenhouse gases, which they may trade with others.Finally, there is the issue of emissions trading....
- Lowery said a major planting programme could save the exchequer up to € 100 million in emissions trading.
- The strategy also calls on all nations to replace emissions trading with an equitable fossil-fuel efficiency standard.
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