Definition of "ERU"
ERU
noun
plural ERUs
(law) Initialism of emission reduction unit.
Quotations
Three principal types of emission credits may also be traded under this regime: (a) the “emission reduction unit” (ERU); (b) the “certified emission reduction” (CER); and (c) the “removal unit” (RMU). Each ERU, CER, and RMU is an entitlement to emit the equivalent of one metric ton of carbon dioxide into the atmosphere. […] ERUs stem from “joint implementation” measures undertaken pursuant to Article 6 of the Kyoto Protocol.12
2014, John G Sprankling, “Rights in Airspace and Outer Space”, in The International Law of Property, Oxford University Press, page 174