emission rights

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Related to Emissions trading: Carbon trading, emission permits

emission rights:

see pollution allowancepollution 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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References in periodicals archive ?
actors involved in emissions trading in other countries on specific issues of emissions trading.
Graeme Ross, the company's chief operating officer, commented on the achievement, saying, 'The emissions trading system is a cornerstone of the EU's policy to combat climate change and we're delighted to lead the aviation sector in the UK with our compliance to this method of cost-effectively reducing industrial greenhouse gas emissions.
From 2015, this tax will be replaced by an emissions trading system in the Asia-Pacific region with variable prices set by the market.
Under an emissions trading system, upper limits are set for companies' total emission volumes and if their emissions surpass the limits, they are allowed to buy emissions quotas from companies with emissions below their respective limits.
Edward had joined the bank's London office in late 2007 to head the bank's emissions trading division.
As jurisdictions with established emissions trading thrash out the practical difficulties of integrating transport in such systems, others are lagging well behind.
This could work in a similar way to the EU Emissions Trading Scheme (EU ETS), which should form the basis for a global carbon market.
Speaking at a briefing on Sustainable Aviation at the Farnborough International Airshow, Bisignani singled out Air Passenger Duty and the European Union Emissions Trading Scheme for criticism.
Europe: The International Air Transport Association (IATA) has criticised the European Parliament vote to bring aviation into the European Emissions Trading Scheme (ETS).
One option for reducing pollution and greenhouse gas emissions is a program called emissions trading, or "cap and trade.

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