EU Emissions Anatomy: Difference between revisions

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-{{A|emissions|{{subtable|{{Emissions Allowance - FWMD}}}}}}Here is the JC’s latest [[Anatomy]]{{tm}}: [[ISDA]]’s emissions annex. This Annex is a sort of add on to the {{commoddefs}}, which you access by adding a new Part with some elections to the Schedule to your {{isdama}}. You sort of get the sense it is a bit more of a moving feast, and a bit more hesitant, than {{icds}}’s usual work, which may be bloody-minded and pedantic, but is at least thorough, comprehensive, and rooted in some kind of logic, however perverse. This one — not so much.
+{{A|emissions|{{subtable|{{Emissions Allowance - FWMD}}}}}}Here is the JC’s latest [[Anatomy]]{{tm}}: [[ISDA]]’s emissions annex. This Annex is a sort of add on to the {{commoddefs}}, which you access by adding a new Part with some elections to the Schedule to your {{isdama}}. You sort of get the sense it is a bit more of a moving feast, and a bit more hesitant, than {{icds}}’s usual work, which may be bloody-minded and pedantic, but is at least thorough, fulsome and rooted in some kind of logic, however perverse. This one — not so much.
 Now that may well be partly our fault: we read this cold, without the benefit of having seen its evolution, and without much knowledge of the competing products (the [[International Emissions Trading Association]]’s master agreement, for example). We’ll maybe get on to that.
-The emissions annex is also special in that it is the creature of those permanently marginalised quasi -fundamentalist drafting weirdos, {{carbonsquad}}, with all their neo-{{isda92prov|First Method}}, {{tiwu}} nonsense. But working out which tracts of the annex are dangerous, extremist nonsense and which are practical allocations of risk in a new and [[sui generis]] asset class this is all part of the fun of it, frankly.
+The [[Emissions Annex]] is also special in that it is the creature of those permanently marginalised,  quasi-fundamentalist drafting weirdos, {{icds}} splinter group the {{carbonsquad}}, with all their neo-{{isda92prov|First Method}}, {{tiwu}} nonsense. But working out which tracts of the annex are dangerous, extremist nonsense and which are practical allocations of risk in a new and [[sui generis]] asset class this is all part of the fun of it, frankly.
 Part [•]. '''{{euaprov|EU Emissions Allowance Transactions}}''' <br>