European Union emissions trading scheme

Search for documents related with European Union emissions trading scheme

Synonyms: EU ETS, cap and trade, EU Emissionshandel, tapar e comercializar, limitación y comercio, système de plafonnement et d'échanges

Emissions trading (or emission trading) is an administrative approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants. It is sometimes called cap and trade. The idea of cap and trade system is to cap the amount of emissions that both a country and various entities within it may emit. Quotas differ between countries. Once this quota is used up no new allowances can be bought (cap) but it is possible to swap (trade) within partaking entities.

Related terms:
carbon offset, carbon credits, carbon trade, Kyoto mechanisms

Broader terms:
emissions trading systems

Narrower terms:
European Union Allowances, quota mechanism, burden sharing

Linked data frontend for European Union emissions trading scheme.