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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

On the offsetting side, Corsia accepts credits from the voluntary carbon market that meet its Eligible Emissions Units criteria.

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

California’s carbon market and zero-emission mandates have given the state outsize influence at summits such as COP30, where its policies are seen as both durable and exportable.

From Los Angeles Times Nov. 12, 2025

Since the program’s launch in 2023, the carbon market has raised nearly $2 billion from some of the state’s largest polluters, who must buy allowances for their greenhouse gas emissions.

From Seattle Times May 17, 2024

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