tradable permit (Q1280)
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Tradable permits are market-based tools that grant permission for specific activities, frequently used to regulate emissions. These permits can be issued within a trading system to manage environmental impacts.
- tradable certificate
- tradable certificates
- tradable credit
- tradable credits
- tradable permits
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | tradable permit |
Tradable permits are market-based tools that grant permission for specific activities, frequently used to regulate emissions. These permits can be issued within a trading system to manage environmental impacts. |
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Statements
Tradable permits are market-based tools that grant permission for specific activities, frequently used to regulate emissions. These permits can be issued within a trading system to manage environmental impacts. Two primary trading systems exist: "cap-and-trade," which sets an emissions cap for trading allowances, and "baseline-and-credit," which rewards reductions below a set baseline.