Carbon Credit Definition
noun
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.
Webster's New World
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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Other Word Forms of Carbon Credit
Noun
Singular:
carbon credit
Plural:
carbon-creditsRelated Articles
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