emissions trading

emissions trading
n.
The practice of assigning businesses a certain number of credits that permit them to emit specified amounts of pollution, which they can then trade with other businesses that need to emit more or less pollution than their credits allow; also called cap and trade.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

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  • Emissions trading — (or emission trading) is an administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. It is sometimes called cap and trade.A central authority (usually a government …   Wikipedia

  • emissions trading — ➔ trading * * * emissions trading UK US (also emission trading) noun [U] ENVIRONMENT ► the activity of buying and selling emission units and emission credits: »The EU is demanding that emissions trading and other such mechanisms account for no… …   Financial and business terms

  • emissions trading — eˈmissions trading 8 [emissions trading] noun = ↑carbon trading …   Useful english dictionary

  • emissions trading scheme — noun a scheme involving emissions trading. Abbrev.: ETS See cap and trade, baseline and credit. Also, emissions trading system. An emissions trading scheme is distinguished by the following components: a designated statutory authority is charged… …  

  • emissions trading — /əˈmɪʃənz treɪdiŋ/ (say uh mishuhnz trayding) noun trading in emission permits under a system by which countries or organisations not using their quotas are able to sell their excess permits to others exceeding their quota. See carbon cap …  

  • emissions trading — UK [ɪˈmɪʃʌnzˌtreɪdɪŋ] / US [ɪˈmɪʃʌnzˌtreɪdɪŋ] noun [uncountable] the practice of buying and selling the right to produce chemicals and other substances that have a harmful effect on the environment …   English dictionary

  • New Zealand Emissions Trading Scheme — See also: Climate change in New Zealand The New Zealand Emissions Trading Scheme (NZ ETS) is a national all sectors all greenhouse gases all free allocation uncapped emissions trading scheme. The NZ ETS was first legislated in September 2008 by… …   Wikipedia

  • Climate Change Response (Emissions Trading) Amendment Act 2008 — The Climate Change Response (Emissions Trading) Amendment Act 2008 was a statute enacted in September 2008 by the Fifth Labour Government of New Zealand that established the first version of the New Zealand Emissions Trading Scheme, a national… …   Wikipedia

  • UK Emissions Trading Scheme — The UK Emissions Trading Scheme was a voluntary emissions trading system created as a pilot prior to the mandatory European Union Emissions Trading Scheme. It ran from 2002 and closed in 2006. At the time, the scheme was a novel economic approach …   Wikipedia

  • Prime Ministerial Task Group on Emissions Trading — On December 10 2006, the Australian Prime Minister John Howard announced the establishment of the Prime Ministerial Task Group on Emissions Trading. The task group has been tasked with developing an Australian Carbon Trading Scheme and was given… …   Wikipedia

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