Sentence examples for Many allowances from inspiring English sources

It has, however, been widely criticised for being ineffectual and unstable: too many allowances were allocated, effectively flooding the market.

With so many allowances on the market, the price of carbon credits may well collapse and the carbon market fade away.Nor are polluters paying rather the reverse.

The price had fallen because it had become obvious that governments had issued too many allowances and the market would soon be flooded.

In Spain the rate ranges from 0.2%to2.5%5%, though there are so many allowances and deductions that most residents end up paying virtually nothing.

Still, the state continues to encourage municipalities to enact their own ordinances, partly because the state's rules make so many allowances.

Partly because recession has reduced industrial demand for the permits, and partly because the EU gave away too many allowances in the first place, there is massive overcapacity in the carbon market.

The bill's main flaw is that in its early stages it gives away too many free allowances to coal-fired power plants.

Governments agreed last year that the commission would have the right, after 2012, to decide alone how many carbon allowances to allocate to each industry sector across the 27-nation trade bloc.

"We do not know how many CO2 allowances we will end up with at the end of 2012 because it depends on the market developments in the next years," an ArcelorMittal spokesperson said.

The Emissions Trading Scheme (ETS), the centrepiece of the EU's pledge to cut greenhouse gases, has already been criticised for giving many companies allowances to emit more emissions than they need, leaving little incentive to reduce pollution, and for lax regulation.

Compared with grandfathering, many fewer allowances are allocated to high-emission units under benchmarking, which alters their emission balance from surplus to shortage.