baseline and credit system (Q1372)
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Under a baseline-and-credit system, there is no fixed limit on emissions, but polluters that reduce their emissions beyond their obligation can earn “credits” to sell to other polluters who need them in order to comply with regulations.
- baseline-and-credit systems
- baseline and credit system
- baseline and credit systems
- baseline-and-credit system
Language | Label | Description | Also known as |
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English | baseline and credit system |
Under a baseline-and-credit system, there is no fixed limit on emissions, but polluters that reduce their emissions beyond their obligation can earn “credits” to sell to other polluters who need them in order to comply with regulations. |
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Statements
Under a baseline-and-credit system, there is no fixed limit on emissions, but polluters that reduce their emissions beyond their obligation can earn “credits” to sell to other polluters who need them in order to comply with regulations.