Emissions trading is a way of reducing emissions of GHGs by actually allowing some.

Question

Quizplus · Accepted Answer

Emissions trading is a market-based mechanism where a cap is set on the total amount of greenhouse gases that can be emitted within a certain jurisdiction or sector. Companies are then given allowances for emissions up to that cap, which they can buy or sell on a carbon market. By allowing some emissions, the hope is that companies will have an incentive to find cost-effective ways to reduce their emissions so they can sell their allowances for a profit. This can lead to an overall reduction in emissions.

Emissions Trading Is a Way of Reducing Emissions of GHGs