Grandfathering
Definition
An allocation method by which the government gives allowances to entities based on their historic production, emission or consumption levels. (These allowances are allocated for free and are not sold.)
Source
International Union of Forest Research Organizations (IUFRO). "Carbon in Forests Multilingual Glossary of carbon-related forest terminology." 18 September 2010. http://iufroarchive.boku.ac.at/silvavoc/carbonglossary/main.php?type=tr…
