Home > Term: emission trading scheme (ETS)
emission trading scheme (ETS)
A scheme set up to allow the trading of emissions permits between business and/or countries as part of a cap and trade approach to limiting greenhouse gas emissions. The best-developed example is the EU's trading scheme, launched in 2005. See Cap and trade.
- Part of Speech: noun
- Industry/Domain: Natural environment
- Category: Climate change
- Company: BBC
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