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Carbon Trade

   Also found in: Wikipedia 0.03 sec.
Carbon Trade
A market proposed by the Kyoto Protocol in which each country participating receives a limit on the carbon emissions it and companies operating in it are allowed to produce. Countries (and/or companies) may buy and sell the emissions limits assigned to them. Carbon trade is intended to be an attempt to reduce overall carbon emissions while still allowing companies that may have difficulty doing so to have an outlet for transition. It is also called cap and trade or emissions trading.


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Now, with the Kyoto guidelines for emission reductions coming on line next year, there is suddenly a new application for their technology, placing the company on the forefront of the emerging global carbon trade market.
These carbon trades, though engineered by reputable brokerages, are totally unregulated and there are no guarantees that any government will officially recognize the credits.
 
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