carbon credit

car·bon cred·it

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Definitions of carbon credit words

countable noun carbon credit Carbon credits are an allowance that certain companies have, permitting them to burn a certain amount of fossil fuels. 3
noun carbon credit a certificate showing that a government or company has paid to have a certain amount of carbon dioxide removed from the environment 3
noun carbon credit a permit that gives a company, country, etc., the right to emit a specified amount of carbon compounds into the atmosphere, and may be purchased if emissions are expected to exceed a quota or sold if the quota is not reached: Companies can accumulate carbon credits by funding new forest growth. 1
noun carbon credit greenhouse emissions allowance 1
noun carbon credit A certified carbon dioxide emission displacement credit, supposed to be equal to one tonne of CO2 removed from the environment. 0

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This term is known only to a narrow circle of people with rare knowledge. Only 7% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

This diagram is provided by Google Ngram Viewer

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