carbon credit

carbon credit
n.
A tradable permit giving its holder the right to emit a specified amount of carbon dioxide.

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

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  • Carbon Credit — A permit that allows the holder to emit one ton of carbon dioxide. Credits are awarded to countries or groups that have reduced their green house gases below their emission quota. Carbon credits can be traded in the international market at their… …   Investment dictionary

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  • carbon credit — carbon credits N COUNT: usu pl Carbon credits are an allowance that certain companies have, permitting them to burn a certain amount of fossil fuels. By investing in efficient plant it could generate lots of valuable carbon credits to sell to… …   English dictionary

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  • Carbon dioxide equivalent — (CDE) and Equivalent carbon dioxide (or CO2) are two related but distinct measures for describing how much global warming a given type and amount of greenhouse gas may cause, using the functionally equivalent amount or concentration of carbon… …   Wikipedia

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