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11 September 2023
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Created page with "The {{{{{1}}}|Excess Emissions Penalty}} is made flesh in [https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex%3A32003L0087 Article 16] of the EU ETS directive. The penalty is fixed at EUR 100, and does not release the transgressor from the obligation to surrender the {{{{{1}}}|Allowances}}s in question, though the obligation rolls over to the next {{{{1}}}|Reconciliation Deadline}} period a year hence. This folds into the way damages for failu..."
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