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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 move broadens the existing California-Quebec carbon market, linked in 2014.

From Los Angeles Times ● Sep. 23, 2026

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

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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