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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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The European Union's executive arm approved plans on Wednesday to include aviation in its emissions trading system, giving international flights in and out of the EU a one-year reprieve before they have to join. Emissions trading allows nations to take advantage of lower cost strategies, with a dual benefit of placing less of a burden on the economy and at the same time achieving the important goal of reducing the overall global emissions. Initial coverage will include: the European Union carbon market, Brussels policy, and individual member countries' National Allocation Plans; the EU Emissions Trading Scheme; the Kyoto protocol; the U. |
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