Definition of Bubble

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TeachMeFinance.com - explain Bubble



Bubble

A system under which existing emissions sources can propose alternate means to comply with a set of emissions limitations; under the bubble concept, sources can control more than required at one emission point where control costs are relatively low in return for a comparable relaxation of controls at a second emission point where costs are higher.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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