Emissions Trading

Meaning, Term, and Glossary Definition - What is Emissions Trading?

The creation of surplus emission reductions at certain stacks, vents or similar emissions sources and the use of this surplus to meet or redefine pollution requirements applicable to other emissions sources. This allows one source to increase emissions when another source reduces them, maintaining an overall constant emission level. Facilities that reduce emissions substantially may "bank" their "credits" or sell them to other facilities or industries.

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Related glossary terms:

Fugitive Emissions   National Emissions Standards for Hazardous Air Pollutants NESHAPS   Non-Road Emissions   Refueling Emissions   
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