Template:M intro emissions EUA theft
A strange artefact of all the carbon emissions allowances master trading documentation is their obsession with theft. What should happen if your emission allowances are, for want of a better word, nicked.
Now who, in their right mind, would want to steal emissions allowances? What would you do with them? Who would you sell them to? You might well ask: but the upshot is that, over a few months in 2010 and 2011 they did: in several incidents at different registries in different European states.
National registry | Allowances stolen | Holder | Date | Recovered? | Nicker’s location |
---|---|---|---|---|---|
Romania | 1,600,000 | Holcim | 16th November 2010 | 600,000 | Lichtenstein |
Italy | 267,911 | TCEI | 24th November 2010 | unknown | unknown |
Austria | 488,141 | Austrian government account | 10th January 2011 | 488,141 | Lichtenstein and Sweden |
Czech Republic | 950,000 | Blackstone Global Ventures; CEZ | 18th January 2011 | 225,001 | Estonia |
Greece | 300,000 | Halyps | 18th January 2011 | unknown | unknown |