carbon credit


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carbon credit

n
1. (Chemistry) a certificate showing that a government or company has paid to have a certain amount of carbon dioxide removed from the environment
2. (Environmental Science) a certificate showing that a government or company has paid to have a certain amount of carbon dioxide removed from the environment
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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Unfortunately, the ongoing carbon credit program was short-lived, said Albert A.
The documents piece together how the carbon credit carousel fraud began in France, moved to the Netherlands and the UK, before migrating to Germany and Italy, in a pan-European fraud that is estimated to have cost EU governments [euro]5bn.
She spoke to Leopold Obi on how small farmers can tap into greenhouse gases reduction effortsLet's begin from the basics, what is carbon credit?Carbon credit, also known as carbon offset, is a tradable certificate issued per tonne of carbon dioxide or carbon dioxide-equivalent greenhouse gases reduced from the atmosphere from an emission reduction project.
Veridium Labs, a company incubated by EnVision Corporation, is collaborating with IBM to help transform the carbon credit market using IBM blockchain technology with the goal of making it easier for companies to offset their environmental footprints.
Dubai Carbon announced its first carbon credit transaction, as it made its first sale of Certified Emission Reductions (CERs) from DEWA Chiller Station L Project through adopting the Clean Development Mechanism (CDM) to Farnek Total Facility Management.
New York, NY, April 04, 2015 --(PR.com)-- Carbon Credit Capital is proud to announce that it has received Green Business Certification from Green America[R].
This work is justified by the importance of identifying opportunities that can be converted into carbon credit projects via CDM, through information already disclosed in the sustainability reports of companies listed in BM&FBovespa's environmental indexes, ISE and ICO2; and also to try to understand why mechanisms that are so useful to sustainable development have not received broad support from the business community.
The watchdogs also warned that the carbon credit market is illiquid and sellers often massively inflate prices.
According to the New York Times, a group of industrial gas companies in India gamed the "carbon credit" system to (1) increase the quantity of greenhouse gases emitted while (2) earning large "profits" they wouldn't otherwise have earned and in so doing (3) bought political influence to keep the practice going while (4) driving the price of their highly polluting product down so that (5) less polluting products couldn't compete and (6) more of their highly polluting product was used.
Meanwhile Cambodia expects to gain money from carbon credit next year and it will take their money to develop forest community to support sustainable development, officials said.
A Toronto mineral exploration outfit is dipping its toe in the carbon credit pool.