Concept information
Preferred term
environmental markets
Type
-
Topic
Definition
-
An exchange-based approach to achieve pollution abatement goals set by environmental regulations that place a "cap" on emissions. A credit or offset is given to providers of pollution abatement. Regulated firms who cannot economically meet their abatement obligations can purchase credits from those who can produce credits at a cost lower than the expected market price.
Source: NAL Thesaurus Staff
Type: Concept definition
Broader concept
Narrower concepts
Synonyms
- cap and trade
- environmental credits
- environmental credit trading
- environmental offsets
- environmental offsetting
- green marketing
- green markets
In other languages
-
Spanish
-
creditos de contaminacion
-
créditos para el control de la contaminación
URI
https://lod.nal.usda.gov/nalt/69803
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