Carbon-credit meaning

The definition of a carbon credit is an allowance for a country or a company to give off a specific amount of carbon dioxide.

An example of a carbon credit is what a company purchases to comply with environmental laws.

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In a cap-and-trade system, an allotted credit based upon the imposed limit of atmospheric carbon emissions: any unused portion of the credit may be sold.
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A certified carbon dioxide emission displacement credit, supposed to be equal to one tonne of CO2 removed from the environment.
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