carbon trading

noun

1. the trading by a country with a relatively low level of carbon dioxide emission of part of its emission entitlement to a country that has a higher level of emission

Example Sentences

The government is set to begin negotiations to link the UK to the EU's carbon trading regime, around six months after the sides agreed to open talks.

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“Offsetting is a misnomer,” said Barbara Haya, director of the Berkeley Carbon Trading Project at the University of California, Berkeley.

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"Cookstove offset methodologies are currently being revised and if our recommendations are adopted could become a rare project type that offset buyers can trust," said Barbara Haya, an expert on offset quality and director of the Berkeley Carbon Trading Project in UC Berkeley's Goldman School of Public Policy.

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Other countries have toyed with the idea of personal carbon trading, with pilot schemes set up in Finland and Australia's Norfolk Island.

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That's a billion-dollar idea that birthed the carbon trading system in which companies or individuals can purchase carbon "offsets" like planting trees to balance out carbon emissions.

Read more on Salon