emission credit
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emission credit UK US (also emissions credit) noun [C, usually plural] (also pollution credit, also US emission reduction credit) ENVIRONMENT► a reduction in pollution that is equal to one emission unit. A company that reduces its pollution can sell its emission credits to companies that fail to reduce their pollution: »If a company fails to meet its emission-reduction target, it will need to buy additional emission credits to cover its excess emissions.
Financial and business terms. 2012.
Look at other dictionaries:
emission credit — /əˈmɪʃən krɛdət/ (say uh mishuhn kreduht) noun a credit purchased within an emissions trading scheme, as from a scheme achieving a reduction in carbon dioxide in the atmosphere, to offset the carbon emission of the buyer … Australian English dictionary
emission reduction credit — UK US noun [C] (US ENVIRONMENT ► EMISSION CREDIT(Cf. ↑emission credit) … Financial and business terms
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