environmental markets

{
  "id": "MLC-T-AGR-002218",
  "term": "environmental markets",
  "field": "Agriculture and food",
  "definition": "An exchange-based approach to achieve pollution abatement goals set by environmental regulations that place a \"cap\" on emissions. A credit or offset is given to providers of pollution abatement. Regulated firms who cannot economically meet their abatement obligations can purchase credits from those who can produce credits at a cost lower than the expected market price.",
  "synonyms": [
    "cap and trade",
    "environmental credit trading",
    "environmental credits",
    "environmental offsets",
    "environmental offsetting",
    "green marketing",
    "green markets"
  ],
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "markets",
    "ecological footprint",
    "environmental law",
    "water quality",
    "climate change",
    "environmental policy",
    "water pollution",
    "air pollution",
    "air quality",
    "pollution control",
    "carbon markets"
  ],
  "references": [
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "mercados ambientales"
  },
  "url": "https://mlchart.com/terminology/agriculture/environmental-markets/"
}