EU Allowance: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add alternative abbreviation - source - ACT blog - https://www.treasurers.org/hub/blog/esg-update-september-2022) |
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''Environmental policy - carbon pricing - European Union (EU) - Emission Trading Scheme''. | ''Environmental policy - carbon pricing - European Union (EU) - Emission Trading Scheme''. | ||
(EUA). | (EUA or EuA). | ||
In carbon pricing, a European Union Allowance is the right to emit one tonne of carbon dioxide (CO<sub>2</sub>), or its equivalent in other greenhouse gases. | In carbon pricing, a European Union Allowance is the right to emit one tonne of carbon dioxide (CO<sub>2</sub>), or its equivalent in other greenhouse gases. | ||
Latest revision as of 15:03, 20 September 2022
Environmental policy - carbon pricing - European Union (EU) - Emission Trading Scheme.
(EUA or 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 Emission Trading Scheme must surrender enough EUAs to cover all of their emissions in that cycle.
