The phrase "huge loophole" refers to a big gap or flaw in a system or law that allows someone to avoid or exploit the rules or regulations set in place. Full definition
Unfortunately, the wealthy countries are now intent on discussing not pollution reduction targets but «conditionalities» for a second commitment period — they want to ensure huge loopholes and the continued use of ineffective and unjust carbon trading. (foe.org)
«This bill contains huge loopholes that would benefit pulp and paper companies cutting down Indonesia's last rainforests, lets criminal offenders off the hook, and adds government bureaucracy at tax - payer expense.» (eia-global.org)
More from the South China Morning Post: Rich Chinese are the new super immigrants Is huge loophole being opened in Vancouver's foreign buyer tax? (cnbc.com)