Meaning of “emission unit” in the English Dictionary

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"emission unit" in Business English

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emission unitnoun [ C, usually plural ]

uk us also emissions unit ENVIRONMENT

a right of a company to put an amount of harmful gases into the air equal to 1000 kilograms of carbon dioxide (= a gas formed when carbon is burned):

In Europe nearly all of the valuable emission units were given away to power companies.

(Definition of “emission unit” from the Cambridge Business English Dictionary © Cambridge University Press)