The phrase "allowances allocated" is correct and usable in written English.
It can be used in contexts related to budgeting, finance, or resource distribution where specific allowances are assigned or designated for particular purposes.
Example: "The project budget includes allowances allocated for unexpected expenses to ensure we stay on track."
Alternatives: "funds assigned" or "resources designated".
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).
In 2012, allowances allocated to aircraft operators will be valid within the aviation sector only.
With 149.2 million allowances allocated for free (see above), airlines will need to buy allowances for about 74.4 million tonnes of CO2-emissions.
Table 5 shows forecasted CO2-emissions, the estimated amount of allowances allocated for free and the potential acquisition costs for three groups of airlines.
The total number of allowances allocated to each aircraft operator will be determined by a benchmark which is calculated in three consecutive steps: First, the share of auctioned allowances is subtracted from the overall "cap".
An important parameter for estimating the costs of the EU-ETS for the aviation sector is the difference between the number of allowances allocated for free and the actually needed allowances for the first trading period.
The effect of such a system depends on how the carbon allowances are allocated.
It has, however, been widely criticised for being ineffectual and unstable: too many allowances were allocated, effectively flooding the market.
The EU has followed a different route; free allowances are allocated to existing or new capacities in proportion to a benchmark, independent of actual production.
Allowances not allocated free of charge (15%) will be auctioned by the Member States.
In the pilot ETSs in China, a majority of allowances are allocated for free, with a relatively small portion being auctioned in Shenzhen and Guangdong.
