Pollution rights market


Updated on 13/07/2018
Définition
Sens technique
Market of tradable permits that entitle a stakeholder (company, individual, etc) to discharge pollutants or withdraw a resource. The State sets a target of environmental quality and distributes or allocates the corresponding number of rights. These rights can then be bought and sold between stakeholders, a polluter cannot discharge more pollutants than its permits allow.
Source
According to Philippe Bontems (economist)
Thématiques associées
Review status
Soumis au comité de relecture.