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carbon market

American  
[kahr-buhn mahr-kit] / ˈkɑr bən ˌmɑr kɪt /

noun

  1. a commodity trading system through which countries and organizations can buy and sell permits to produce a set amount of carbon dioxide emissions and other atmospheric pollutants.


Etymology

Origin of carbon market

First recorded in 1975–80


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

The government and industry groups announced in March a plan to help the chemical sector, which includes subsidising power prices and seeking changes to the European Union's flagship carbon market scheme.

From Barron's ● Jun. 18, 2026

Corsia also incorporates the Paris Agreement’s Article 6, which established a carbon market for countries to pursue their emissions reduction targets.

From The Wall Street Journal ● Feb. 23, 2026

After Brexit, the UK left the EU's carbon market and launched its own one in 2021, allowing companies to buy and sell carbon credits.

From BBC ● Feb. 12, 2026

Crowfoot highlighted California’s carbon market partnership with Quebec and one with Denmark that yielded groundwater monitoring technology that California uses today, among other examples of international efforts.

From Los Angeles Times ● Nov. 7, 2025

Cullenward is considered a champion of carbon reduction, but sometimes takes flak when he questions the efficacy of some carbon market programs.

From Los Angeles Times ● Oct. 10, 2024

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