The phrase "allowances to emit" is correct and usable in written English.
It can be used in contexts related to environmental regulations, emissions trading, or carbon credits, where allowances are granted for a certain amount of emissions.
Example: "The government has set strict regulations, providing allowances to emit a specific amount of greenhouse gases each year."
Alternatives: "permits to release" or "authorizations to emit".
Opt-outs were granted from plans to force large polluters to buy allowances to emit carbon at auction.
So Congress set up a trading system in which power companies can buy and sell "allowances" to emit sulfur dioxide.
A cap-and-trade market is designed to achieve a pre-specified reduction in GHG emissions by issuing "allowances to emit" equal to the desired level of GHG emissions.
Unlike the final plan of the northeastern states, the western plan, reflecting industry suggestions, requires that only 10percentt of the allowances to emit gases be sold at auction; the rest are given to individual industries.
Its purpose was threefold: to cut emissions; to get polluters to pay for the damage they cause; and to get industry to invest in cleaner technology.Under the ETS, countries set national targets for emissions and give 13,000 factories and power plants in Europe's five dirtiest industries allowances to emit a certain quantity of carbon.
From 2026, that money will return to customers as cash.On the supply side, power-generating utilities are to get a long phase-in period, with generous initial allowances to emit CO²; these taper away until 2030, when all emissions permits must be bought.
To put this in perspective, an allowance to emit a ton of CO2 costs about $20 on the European Climate Exchange.
The threshold of 1 tonne of CO2 emission was considered since values higher than 1 tonne of CO2 emission would exceed the maximum allowance to emit without harming the climate.
The government issues permits or carbon allowances to industries for the amount of greenhouse gases they are allowed to emit, then gradually reduces the cap and the number of permits, providing a financial incentive for those companies to pollute less.
The government gives or auctions "allowances" (permits to emit a specific quantity of carbon) to CO2 emitters, who can buy and sell the allowances among themselves.
Under RGGI, 10 Northeastern and mid-Atlantic states ranging from Maine to Maryland set a ceiling on carbon dioxide emissions and require power plants to purchase credits or allowances that allow them to emit specified amounts of carbon dioxide.
