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carbon market

American

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

noun

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:

carbon market

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

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

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

Some forestry projects within the voluntary carbon market have attracted significant criticism in recent years, leading to dramatic drops in demand for carbon credits.

From The Wall Street Journal ● Sep. 24, 2025

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023