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"emissions trading system" is a correct and usable phrase in written English.
It refers to a market-based approach to reducing pollution and greenhouse gas emissions, where companies can buy and sell credits for their emissions. Example: The government recently implemented an emissions trading system in an effort to reduce carbon emissions and combat climate change. Companies are now required to purchase credits for their emissions, and those who are able to reduce their emissions below their allotted limit can sell their excess credits to other companies. This system has shown promising results in reducing overall pollution levels.
Exact(42)
Emissions Trading System than to invest in C.C.S.
What is the European Union's emissions trading system (ETS)?
The emissions trading system "has ceased to be an effective environmental tool".
THE European Union's Emissions Trading System (ETS), the world's biggest carbon market, has two main aims.
Emissions Trading System to most international flights landing in and taking off from European airports.
At stake is the first expansion of the European Union's emissions trading system beyond European borders.
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What is then needed is a mandatory emissions-trading system.
That is well over ten times the cost of a tonne of the stuff in the European emissions-trading system.
Under a similar emissions-trading system in Europe, carbon currently trades at around 26.45 euros a ton, or about $41.
EUROPE'S emissions-trading system, the world's largest carbon cap-and-trade scheme, survived a near-death experience on February 19th.
Compare this with an emissions-trading system that works on the free-floating marginal cost of abating emissions.
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