Sentence examples for unused allowances from inspiring English sources

The ETS aims to provide an incentive for emissions cuts by setting a cap on how much carbon companies may produce and allowing cleaner firms to sell their unused allowances to more polluting enterprises within it.

As an incentive to cut emissions, companies that pollute less can sell their unused allowances to other companies at the auctions.

Utilities with emissions below an allotted cap can sell or trade their unused allowances in online auctions held four times a year.

What's more, you cannot carry forward unused allowances either (which let you use your annual allowance from three previous years if you haven't used them already).

The changes will come into effect in April and individuals exceeding £50,000 due to a one-off "spike" will be able to offset it against unused allowances from previous years.

In some cases, the allowances have been offered to polluters without charge to soften the economic impact or to win the confidence of businesses, which will bear higher costs to reduce emissions and which can sell unused allowances.

Additionally, since 2007, married couples can benefit from any unused allowance when one partner dies.

v) Unused allowance from each yearly period cannot be carried forward or refunded in any circumstances.

You can give away up to £3,000 in each tax year, and carry over any unused allowance to the next year.

Additionally, NPPAFB also authorizes unused emissions allowances to be sold when market conditions are favorable.

The opening price was about €8 (about $11) per metric ton of carbon dioxide, and the trade in unused emission allowances was expected eventually to be worth billions of euros.