GEMET
General
Multilingual
Environmental
Thesaurus
emission reduction banking
Definition

A system for recording qualified air emission reductions for later use in bubble, offset, or netting transactions. Plant complexes that reduce emissions substantially may "bank" their "credits" or sell them to other industries.

Related terms
Broader:
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Scope note

a system for recording qualified air emission reductions for later use in bubble, offset or netting transactions (emission trading) <D>

Concept URL: http://www.eionet.europa.eu/gemet/concept/2671