emission reduction credit

emission reduction credit
emission reduction credit UK US noun [C] (US ENVIRONMENT
EMISSION CREDIT(Cf. ↑emission credit)

Financial and business terms. 2012.

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  • Mobile emission reduction credit — Energy portal A mobile emission reduction credit (MERC) is an emission reduction credit generated within the transportation sector. The term “mobile sources” refers to motor vehicles, engines, and equipment that move, or can be moved, from place… …   Wikipedia

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  • credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… …   Financial and business terms

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  • emission credit — /əˈmɪʃən krɛdət/ (say uh mishuhn kreduht) noun a credit purchased within an emissions trading scheme, as from a scheme achieving a reduction in carbon dioxide in the atmosphere, to offset the carbon emission of the buyer …  

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