The phrase "allocation of allowances" is correct and usable in written English.
It can be used in contexts related to budgeting, finance, or resource distribution where allowances are being assigned or distributed.
Example: "The allocation of allowances for each department will be reviewed at the end of the fiscal year."
Alternatives: "distribution of allowances" or "assignment of allowances".
For the calculation of the benchmark, which will be used for the free allocation of allowances to each individual operator in 2012, the total allowances allocated free of charge will be divided by the revenue tonne-kilometres reported for the year 2010: Open image in new window (3).
On July 31st, for example, Latvia became the latest country to sue the European Commission for an increase in its allocation of allowances.
When it was set up in 2005, each country was given its own allocation of allowances, and they passed on the allowances to the biggest industrial polluters based on their historic greenhouse gas emissions – the more they had been polluting, the more allowances they were given – in a process known as "grandfathering".
Firm heterogeneity magnifies these economic effects of changes in the initial allocation of allowances.
Regarding the allocation of allowances, a distribution (almost) free of charge seems to be the most likely choice.
Coase (2006) demonstrates that the allocation of allowances is independent of the efficient outcome, although it does have welfare implications.
Additionally, concerns such as those related to delayed promotion, lack of supervision, denied access to training and perceived unfairness in allocation of allowance contributed to low motivation, job dissatisfaction and sometime strikes [ 17, 43, 44].
But the European scheme has been fraught with problems including over-allocation of allowances resulting in windfall profits for energy corporations and allegedly fraudulent "missing trader" transactions worth €5bn.
But Europe's prolonged economic downturn and generous allocations of allowances have created a glut of permits that cut the price to as low as about 2.75 euros a ton after the negative April vote.
But political pressures on a cap-and-trade system lead to different allocations of allowances, which affect distribution, but not environmental effectives, and not cost-effectiveness.
Manifest political pressures lead to different initial allocations of allowances, which affect distribution, but not environmental effectiveness, and not cost-effectiveness.
