Carbon Credit (noun) Definition, Meaning & Examples

noun
  1. a unit of one metric ton of carbon dioxide (or an equivalent mass of other atmospheric pollutants), as enumerated in the tradable permits that regulate atmospheric pollution in a cap-and-trade system: Companies can accumulate carbon credits by funding new forest growth.
noun
  1. a certificate showing that a government or company has paid to have a certain amount of carbon dioxide removed from the environment
Carbon Credit (noun) Definition, Meaning & Examples

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