Template:Emissions allowance - FWMD
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| Docs | Take your pick: IETA, ISDA or even EFET: none of them good. But at least you have flexibility in mediocrity | 4 |
| Amendability | Nope. The EU can amend them, but you can’t. | 0 |
| Collateral | They're more like (hush) crypto than bonds. No credit risk! | DNA |
| Transferability | With an account at the Union Registry, sure! | 7 |
| Leverage | Not unless you do a CEmO, and we just made that up. | 0 |
| Fright-o-meter | Not directly scary as long as there is an EU with Greta Thundberg in it, but global warming is going to lead to Armageddon so, you know, indirectly. | 5 |