European Union Allowance definition

European Union Allowance. (EUA) means a transferable allowance to emit one tonne of CO2 equivalent during a specified period;
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Examples of European Union Allowance in a sentence

  • Allowance-based instruments involve cap and trade schemes, where permits generally correspond to a tonne of GHG, such as a Kyoto Protocol Assigned Amount Unit (AAU), European Union Allowance (EUA) and CCX’s Carbon Financial Instrument (CFI)23.

  • As shown in Figure 2, the collapse of European Union Allowance (EUA) prices in 2011 and 2012 propagated through the indirect linkage and led to a similar decline in NZU prices.

  • We examine daily price data (euro per ton) for the European Union Allowance (EUA) futures contracts traded on the Intercontinental Exchange, sourced from Commodity Systems Inc.

  • Across 27 Member States, the EU ETS covers large plants from CO2-intensive emitting industrial sectors with a rated thermal input exceeding 20 MWh. One allowance exchanged on the EU ETS corresponds to one ton of CO2 released in the atmosphere, and is called a European Union Allowance (EUA) (see Alberola et al.

  • In particular, financial participants may use the European Union Allowance (EUA) as a speculative asset, an inflation hedge, a diversifier, a hedge, a safe-haven asset and to realise arbitrage opportunities.

  • In the EU ETS, the owner of one European Union Allowance (EUA), has the right to emit one tonne of carbon dioxide equivalents (CO2-eq) (Ellerman et al., 2010).

  • Since peaking in January 2011 the price of a European Union Allowance (EUA), which permits the emission of one tonne of CO2, has fallen by 46%.

  • One European Union Allowance (EUA) is equal to one tonne of CO2 emitted in the atmosphere.

  • Across its 27 Member States, it covers large plants from CO2-intensive emitting industrial sectors with a rated thermal input exceeding 20 MWh. One allowance exchanged on the EU ETS corresponds to one ton of CO2 released in the atmosphere, and is called a European Union Allowance (EUA).

  • In 2011, Green Exchange listed its European Union Allowance futures contract.

Related to European Union Allowance

  • European Union means the member nations of the European Union established by the Treaty of European Union, signed at Maastricht on February 2, 1992, which amended the Treaty of Rome establishing the European Community.

  • Treaty on European Union means the Treaty of Rome of March 25, 1957, as amended by the Single Xxxxxxxx Xxx 0000 and the Maastricht Treaty (which was signed at Maastricht on February 1, 1992 and came into force on November 1, 1993), as amended from time to time.

  • Approved Occupational Superannuation Fund means a superannuation fund which complies with the Occupational Superannuation Standards Act, 1987.

  • EU means the European Union.

  • European Community means the territory comprised by the Member States of the European Community as constituted from time to time;

  • European Economic Area means the member nations of the European Economic Area pursuant to the Oporto Agreement on the European Economic Area dated May 2, 1992, as amended.

  • Union harmonisation legislation means any Union legislation harmonising the conditions for the marketing of products;

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • European Data Protection Laws means data protection laws applicable in Europe, including: (i) Regulation 2016/679 of the European Parliament and of the Council on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation) ("GDPR"); (ii) Directive 2002/58/EC concerning the processing of personal data and the protection of privacy in the electronic communications sector; and (iii) applicable national implementations of (i) and (ii); or (iii) GDPR as it forms parts of the United Kingdom domestic law by virtue of Section 3 of the European Union (Withdrawal) Act 2018 ("UK GDPR"); and (iv) Swiss Federal Data Protection Act on 19 June 1992 and its Ordinance ("Swiss DPA"); in each case, as may be amended, superseded or replaced.

  • home Member State means either of the following:

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • European Communities means the European Economic Community, the European Coal and Steel Community and the European Atomic Energy Community.

  • European Commission means the authority within the European Union that has the legal authority to grant Regulatory Approvals in the European Union based on input received from the EMA or other competent Regulatory Authorities.

  • Participating Member States means the member states of the European Communities that adopt or have adopted the euro as their lawful currency in accordance with the legislation of the European Union relating to European Monetary Union.

  • Superannuation Legislation means the Federal legislation as varied from time to time, governing the superannuation rights and obligations of the parties, which includes the Superannuation Guarantee (Administration) Act 1992, the Superannuation Guarantee Charge Act 1992, the Superannuation Industry (Supervision) Act 1993 and the Superannuation (Resolution of Complaints) Act 1993.

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Participating municipality means a municipality that is designated by or under the Act as a participating municipality in a conservation authority.

  • European Data Protection Law means the GDPR and any data protection law of a European Member State and Switzerland, including local legislation implementing the requirements of the GDPR, including subordinate legislation, in each case as amended from time to time;

  • Civil union means a civil union established pursuant to Act 91 of the 2000 Vermont Legislative Session, entitled “Act Relating to Civil Unions”.

  • UK Data Protection Legislation means all applicable data protection and privacy legislation in force from time to time in the UK including the UK GDPR; the Data Protection Act 2018; the Privacy and Electronic Communications Directive 2002/58/EC (as updated by Directive 2009/136/EC) and the Privacy and Electronic Communications Regulations 2003 (SI 2003/2426) as amended.

  • Member States means the Kingdom of Belgium, the Republic of Bulgaria, the Czech Republic, the Kingdom of Denmark, the Federal Republic of Germany, the Republic of Estonia, Ireland, the Hellenic Republic, the Kingdom of Spain, the French Republic, the Republic of Croatia, the Italian Republic, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Grand Duchy of Luxembourg, Hungary, the Republic of Malta, the Kingdom of the Netherlands, the Republic of Austria, the Republic of Poland, the Portuguese Republic, Romania, the Republic of Slovenia, the Slovak Republic, the Republic of Finland and the Kingdom of Sweden;

  • Industrial Emissions Directive means DIRECTIVE 2010/75/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 24 November 2010 on industrial emissions

  • Goods and Services Tax (GST) shall mean any tax payable on the supply of goods, services or other things in accordance with the provisions of GST Law.

  • European standard means a standard adopted by the European Committee for Standardisation, the European Committee for Electrotechnical Standardisation or the European Telecommunications Standards Institute and made available for public use;

  • European Monetary System means the European Monetary System established by the Resolution of December 5, 1978 of the Council of the European Communities.

  • Foreign Government Scheme or Arrangement has the meaning specified in Section 5.12(d).