Period Traded Allowances - IETA Provision

IETA Emissions Trading Master Agreement

A Jolly Contrarian owner’s manual™

Period Traded Allowance in a Nutshell

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Period Traded Allowance in all its glory

Period Traded Allowance” means, in relation to a Transaction, an Allowance that is of the Specified Period specified in the relevant Confirmation.

Comparison

See our natty emissions comparison table between the IETA, EFET and ISDA versions of emissions trading docs

Resources and Navigation

Emissions trading documentation

ISDA: EU AnatomyEU Wikitext EU Nutshell (premium) • UK AnatomyUK Wikitext (to be merged into EU Anatomy)
IETA: IETA Master AgreementIETA WikitextIETA Nutshell (premium)
EFET: EFET Allowances AppendixEFET Allowances WikitextEFET Nutshell (premium)

Index: Click to expand:

Pro tip: for tons of information about EU ETS and EU financial services regulation see Michał Głowacki’s magnificent emissions-euets.com website.

Overview

The same broad concept is dealt with as follows:

Why is the IETA different? Don’t ask. No point: no-one knows.

Summary

You might, and the ISDA EU Emissions Annex did, skip the redundant definition and just call this an “Allowance”. But anyway. An “Allowance” is the generic term for any legitmate emissions allowance under the EU ETS; a “Period Traded Allowance” is one from the compliance period that is specified in the Confirmation relating to this Transaction.

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  • The JC’s famous Nutshell summary of this clause

Template:M premium IETA Period Traded Allowance

See also

References