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Emissions Trading

An approach used by governmental regulatory agencies, private trading systems (such as the CCX), and private companies to reduce air pollution by providing economic incentives to reduce net emissions. Limits or “caps” are set and groups that foresee exceeding these caps may purchase credits from groups that have not the exceeded their emissions levels.


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References to this Definition

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http://www.triplepundit.com/mt/mt-tb.cgi/1307