Requirements under the Scheme - Emissions Annex Provision: Difference between revisions
Amwelladmin (talk | contribs) Created page with "{{manual|DCE|2005|Requirements under the Scheme|Section||short}}" |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
{{manual|DCE|2005| | {{manual|DCE|2005|(d)(iv)|Section||short}} |
Revision as of 07:55, 13 July 2022
EU Emissions Allowance Transaction Annex to the 2005 ISDA Commodity Definitions
Section (d)(iv) in a Nutshell™ Use at your own risk, campers!
Full text of Section (d)(iv)
Comparison See our natty emissions comparison table between the IETA, EFET and ISDA versions of emissions trading docs
|
Content and comparisons
Section (d)(iv), about Abandonment of Scheme, similarly, weirdly, plumps for the just a dream scenario. You would think a Forward seller, whether outright or of an option, who thought she had got those confounded Allowances off her desk, might be dismayed to find them right back on there at just the point where they became utterly valueless.
Summary
What happens if, in its infinite wisdom, the European Union decides that an Emissions Trading Scheme is a silly idea and we should just embrace a future as Venusians, or Scottish vintners or something similar. You may see people tinker around with this — our favourite is “... or there is a proposal to abandon the Scheme... ” which given its looseness (there’s always some wingnut from a minority in an some oil-burning pressure group proposing something like that) and the lack of consequences beyond the transaction should it happen or not happen — it isn’t like it is an illegality or something where you can go to prison if you blithely carry on — there really seems no sensible call for this.
See also
Template:M sa EUA Annex (d)(iv)