Definitions for emissions trading
emis·sions trad·ing

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1. Emissions trading

   Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing the emissions of pollutants. The concept is also known as cap and trade (CAT) or emissions trading scheme (ETS). Carbon emission trading for CO2 and other greenhouse gases has been introduced in China, the European Union and other countries as a key tool for climate change mitigation. Other schemes include sulfur dioxide and other pollutants. In an emissions trading scheme, a central authority or governmental body allocates or sells a limited number (a "cap") of permits that allow a discharge of a specific quantity of a specific pollutant over a set time period. Polluters are required to hold permits in amount equal to their emissions. Polluters that want to increase their emissions must buy permits from others willing to sell them.Emissions trading is a type of flexible environmental regulation that allows organizations and markets to decide how best to meet policy targets. This is in contrast to command-and-control environmental regulations such as best available technology (BAT) standards and government subsidies.

WikidataRate this definition:0.0 / 0 votes

1. Emissions trading

   Emissions trading or cap and trade is a market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. A central authority sets a limit or cap on the amount of a pollutant that may be emitted. The limit or cap is allocated or sold to firms in the form of emissions permits which represent the right to emit or discharge a specific volume of the specified pollutant. Firms are required to hold a number of permits equivalent to their emissions. The total number of permits cannot exceed the cap, limiting total emissions to that level. Firms that need to increase their volume of emissions must buy permits from those who require fewer permits. The transfer of permits is referred to as a trade. In effect, the buyer is paying a charge for polluting, while the seller is being rewarded for having reduced emissions. Thus, in theory, those who can reduce emissions most cheaply will do so, achieving the pollution reduction at the lowest cost to society. There are active trading programs in several air pollutants. For greenhouse gases the largest is the European Union Emission Trading Scheme, whose purpose is to avoid dangerous climate change. In the United States there is a national market to reduce acid rain and several regional markets in nitrogen oxides. Markets for other pollutants tend to be smaller and more localized.

How to pronounce emissions trading?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

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   Fred

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   Tessa

   South African

How to say emissions trading in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of emissions trading in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of emissions trading in Pythagorean Numerology is: 6

Examples of emissions trading in a Sentence

1. Willie Walsh:

   The industry has a clear preference for a global emissions trading scheme, but I think some of the suggestions that are being introduced are interesting and should be examined, we've moved on significantly from where we were a couple of years ago when there were separate states and they would not participate and we've also moved on from where people felt ICAO would be unable to reach an agreement.

2. Holger Loesch:

   The compromise on the climate package makes it even more urgent to relieve the affected industrial companies of the CO2 price from day one to the same extent as the companies in the EU emissions trading system.

3. Hendrik Steringa:

   They focus on the carbon emissions trading scheme because they know this will take a very long time, utilities with a lot of conventional generation assets have lost a lot of terrain, that is why they to try to stall the process.

4. Hendrik Steringa:

   They focus on the carbon emissions trading scheme because they know this will take a very long time.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Emissions_Trading
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=emissions trading