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environmental markets

An exchange-based approach to achieve pollution abatement goals set by environmental regulations that place a "cap" on emissions. A credit or offset is given to providers of pollution abatement. Regulated firms who cannot economically meet their abatement obligations can purchase credits from those who can produce credits at a cost lower than the expected market price.
Concept Schemes:
Broader Concept:
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Entry Terms:
  • environmental offsetting
  • cap and trade
  • green markets
  • environmental credits
  • environmental credit trading
  • environmental offsets
  • green marketing
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RDF/XMLCreated 2006-11-15, last modified 2019-03-28