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emission rights |
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emission rights: see pollution allowance pollution allowance or emission rights, government-issued permit to emit a certain amount of a pollutant. The holder of the permit may use it to pollute legally, may trade permits, or may sell the permit for a profit. ..... Click the link for more information. . How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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IFRIC 3, Emission Rights, specifies how companies should account for their participation in government programs to reduce greenhouse gas emissions. That way, people who want to emit more than their quota could buy emission rights from those who use less. The Kyoto Protocol, however, only allows for trading emission rights among the Annex B countries (and the European delegates lobbied to limit even that). |
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