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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.

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

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

The state was the first to mandate battery energy storage at its major utilities, helping jump-start the modern grid-battery market, while its cap-and-trade carbon market program has been emulated in places around the world.

From Los Angeles Times • Nov. 7, 2025

Hickok said that under a range of new methodologies that are being produced by carbon market bodies, demand is resurfacing.

From The Wall Street Journal • Sep. 24, 2025

The bills include Senate Bill 6058, an attempt to help link Washington’s carbon market with that of California and Quebec.

From Seattle Times • Mar. 28, 2024

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