Template:Emissons EEP summ: Difference between revisions

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Revision as of 11:51, 13 September 2023 (view source) Amwelladmin (talk \| contribs) (Created page with "An “{{{{{1}}}\|Excess Emissions Penalty}}” is a penalty payment levied under the EU ETS on a end-user who is a {{{{{1}}}RP}} under an {{{{{1}}}\|Allowance Transaction}}, and who missed the deadline for surrendering {{{{{1}}}\|Allowances}} as a direct result of a failure by a {{{{{1}}}DP}} to transfer {{{{{1}}}\|Allowances}} when due under that {{{{{1}}}\|Allowances Transaction}}. Only likely to be relevant if (i) your counterparty is some kind of power station or carbon m...")		Revision as of 12:00, 13 September 2023 (view source) Amwelladmin (talk \| contribs) No edit summary Newer edit →
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			Relevant for operators and those settling contracts with them, who have to worry about {{{{{1}}}\|Reconciliation Deadline}}s and such messy practicalities.

	An “{{{{{1}}}\|Excess Emissions Penalty}}” is a penalty payment levied under the EU ETS on a end-user who is a {{{{{1}}}RP}} under an {{{{{1}}}\|Allowance Transaction}}, and who missed the deadline for surrendering {{{{{1}}}\|Allowances}} as a direct result of a failure by a {{{{{1}}}DP}} to transfer {{{{{1}}}\|Allowances}} when due under that {{{{{1}}}\|Allowances Transaction}}. Only likely to be relevant if (i) your counterparty is some kind of power station or carbon monster and (ii) the Transaction is due to settle just before April 30th in any year, when Allowances must be submitted.		An “{{{{{1}}}\|Excess Emissions Penalty}}” is a penalty payment levied under the EU ETS on a end-user who is a {{{{{1}}}RP}} under an {{{{{1}}}\|Allowance Transaction}}, and who missed the deadline for surrendering {{{{{1}}}\|Allowances}} as a direct result of a failure by a {{{{{1}}}DP}} to transfer {{{{{1}}}\|Allowances}} when due under that {{{{{1}}}\|Allowances Transaction}}. Only likely to be relevant if (i) your counterparty is some kind of power station or carbon monster and (ii) the Transaction is due to settle just before April 30th in any year, when Allowances must be submitted.