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emission rights

   Also found in: Wikipedia 0.03 sec.
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.
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IFRIC 3, Emission Rights, specifies how companies should account for their participation in government programs to reduce greenhouse gas emissions.
The International Accounting Standards Board (IASB) issued ... by Journal of Accountancy
That way, people who want to emit more than their quota could buy emission rights from those who use less.
Save the Environment, and Get Rich by Henderson, David R. / Reason
The Kyoto Protocol, however, only allows for trading emission rights among the Annex B countries (and the European delegates lobbied to limit even that).
Staying Cool About Global Warming by Weyant, John P. / The National Interest
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