emissions trading

[ ih-mish-uhnz trey-ding ]

noun

1. cap and trade.

Word History and Origins

Origin of emissions trading¹

First recorded in 1975–80

Example Sentences

An explicit carbon price via a tax or emissions trading system should be among those steps—but it ought not stop there.

From MIT Technology Review

Just a few days later, the country launched a carbon emissions trading market that had been grinding through the bureaucratic works since 2011.

From Quartz