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emissions banking


'emissions banking' can also refer to...

 

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Part of the emissions trading procedures for greenhouse gases that were agreed under the Kyoto Protocol, in which emissions allowances for future consumption or trading can be saved by holding reductions within a Commitment Period, applying reductions earned from one period to another, or applying reductions earned before the first Compliance Period via the Clean Development Mechanism. See also futures.

Subjects: Environmental Science.


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