Meaning of “carbon trading” in the English Dictionary


"carbon trading" in Business English

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carbon tradingnoun [ U ]

uk us also carbon emissions trading

ENVIRONMENT a system for buying and selling the right to release carbon dioxide into the environment. Companies or countries agree a limit on the amount of carbon dioxide that can be produced, then can buy the right to produce more than this from companies or countries that produce less:

If we can come up with some good market mechanisms, carbon trading has a lot of promise.

(Definition of “carbon trading” from the Cambridge Business English Dictionary © Cambridge University Press)