EU Allowance: Difference between revisions
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imported>Doug Williamson (Create page. Source: ACT Commodities https://www.actcommodities.com/commodities/financial-solutions/european-union-allowance-eua/#:~:text=EUA%2C%20or%20EU%20Allowance%2C%20are,their%20emissions%20of%20that%20cycle.) |
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Revision as of 04:09, 10 July 2021
Environmental policy - carbon pricing - European Union (EU) - Emissions Trading Scheme.
(EUA).
In carbon pricing, a European Union Allowance is the right to emit one tonne of carbon dioxide (CO2), or its equivalent in other greenhouse gases.
At the end of each compliance cycle, all participants in the EU Emissions Trading Scheme must surrender enough EUAs to cover all of their emissions in that cycle.
