Template:M summ EUA Annex Final Delivery Date: Difference between revisions

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(Created page with "{{euaprov|Final Delivery Date}} is only relevant on a {{euaprov|Failure to Deliver}} — in the ordinary course, the date at the end of the {{euaprov|Transaction}} where the {...")
 
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{{euaprov|Final Delivery Date}} is only relevant on a {{euaprov|Failure to Deliver}} — in the ordinary course, the date at the end of the {{euaprov|Transaction}} where the {{euaprov|Seller}} delivers up the EUAs is just a plain old {{euaprov|Delivery Date}} — even ~ sigh ~  if it also is a {{euaprov|Delayed Delivery Date}}. You get the sense [[the ’squad]] was having a bit of a crisis of confidence when they put this Annes together, don’t you.
{{euaprov|Final Delivery Date}} is only relevant on a {{euaprov|Failure to Deliver}} — in the ordinary course, the date at the end of the {{euaprov|Transaction}} where the {{euaprov|Seller}} delivers up the EUAs is just a plain old {{euaprov|Delivery Date}} — even ~ sigh ~  if it also is a {{euaprov|Delayed Delivery Date}}. You get the sense [[the ’squad]] was having a bit of a crisis of confidence when they put this Annes together, don’t you.
===What is the relevance of the {{euaprov|Final Delivery Date}}?===
The final delivery date is relevant in the context of a failure to deliver and it is designed to give a window to remedy that failure to deliver before a {{euaprov|Reconciliation Deadline}}. This is designed to fall inside the period in which counterparties which are physical operators and who actually need to surrender the EUAs to offset their actual carbon emissions can still surrender their EUAs and avoid an [[Excess Emissions Penalty - Emissions Annex Provision|excess emission penalty]] under the terms of the {{euaprov|EU ETS}}.

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