Credit, or Pollutant Reduction Credit

{
  "id": "MLC-T-ENV-006884",
  "term": "Credit, or Pollutant Reduction Credit",
  "field": "Environment",
  "definition": "A measured or estimated unit of pollutant reduction per unit of time at the discharge location of the buyer or user of the credit. A seller generates excess load reductions by controlling its discharge beyond what is needed to meet its baseline. A buyer compensates a seller for creating the excess load reductions that are then converted into credits by using trade ratios. Where appropriate, the buyer can use the credits to meet a regulatory obligation.",
  "subject": "Policy and guidance",
  "references": [
    "Water Quality Trading Toolkit for Permit Writers Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/credit-or-pollutant-reduction-credit/"
}