- A permit which allows a country or organization to produce a certain amount of carbon emissions and which can be traded if the full allowance is not used.More example sentences
- Companies who go over the limit have to purchase carbon credits elsewhere.
- President Barak Obama has strongly advocated an auction system for carbon credits.
- The company hopes to turn a profit by selling carbon credits.
More definitions of carbon creditDefinition of carbon credit in:
- The US English dictionary