Template:M comp disc EUA Annex (d)(ii): Difference between revisions
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{{Emissions Failure to Transfer or Accept comp|euaprov}} | |||
For those who like cake, and eating it, there is a ''normal'' {{euaprov|Failure to Deliver}} and an ''[[Failure to Deliver (Alternative Method) - Emissions Annex Provision|alternative method]]'' {{euaprov|Failure to Deliver}}. | For those who like cake, and eating it, there is a ''normal'' {{euaprov|Failure to Deliver}} and an ''[[Failure to Deliver (Alternative Method) - Emissions Annex Provision|alternative method]]'' {{euaprov|Failure to Deliver}}. | ||
Revision as of 10:49, 19 October 2023
Just what happens if, without excuse, a Delivering Party fails to deliver, or a Receiving Party fails to accept delivery of, Allowances is a key part of any self-respecting emission allowances trading document. Though each Carbon Squad approaches it in its own charmingly idiosyncratic way, the good ninjas of ISDA, EFET and IETA broadly get to the same place. Broadly.
The provisions are these:
ISDA: Sections (d)(ii) (Failure to Deliver)
EFET: Clause 8.5 (Remedies for Failure to Transfer or Accept after Cessation of Suspension Event)
IETA: Clause 12 (Transfer or Acceptance Failure)
For those who like cake, and eating it, there is a normal Failure to Deliver and an alternative method Failure to Deliver.