pollution permit system

noun

A system aimed at controlling pollution by allocating each firm a certain amount of pollution permits which allows them to pollute up to a certain limit. If firms pollute less, they are able to sell there permits to firms that pollute more hence creating a permits market.

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Meanings

nounpollution permit system (plural pollution permit systems)

plural pollution permit systems

  1. A system aimed at controlling pollution by allocating each firm a certain amount of pollution permits which allows them to pollute up to a certain limit. If firms pollute less, they are able to sell there permits to firms that pollute more hence creating a permits market.
Cite this entry
APA

pollution permit system. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/pollution%20permit%20system

MLA

“pollution permit system.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/pollution%20permit%20system. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “pollution permit system,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/pollution%20permit%20system.

Source: pollution permit system on Wiktionary, CC BY-SA 4.0.