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Definition of “carbon trading” - 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. a carbon trading system/market/mechanism
(Definition of carbon trading from the Cambridge Business English Dictionary © Cambridge University Press)
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