These are word's definitions related to carbon-trading. Click on any word to go to its word's detail page. Or, go to the definition of carbon-trading.
0 a system for controlling pollution. Companies and governments can buy or sell licences to produce carbon dioxide.
1 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: