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

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

From New York Times

"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.

From Science Daily

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

From Reuters

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.

From Salon

In 1989, the electric company AES Corp kicked off the carbon trading market by planting 50 million trees in Guatemala to offset emissions released in the construction of a new power plant.

From Salon