The Carbon Allowance Tale - Part 2: Adjustments towards a free market
New mechanisms helped the EU ETS become a more sophisticated scheme, driven by demand and supply.
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European Carbon Allowance (EUA)
European Carbon Allowance (EUA)
A financial asset that corresponds to the emission of 1 tonne of CO2 under an Emissions Trading Scheme. EUAs are quotas that are surrendered by covered installations by the European Union Emissions Trading System.
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