An emission certificate is a licence that permits its holder/owner a specific emission value. An emission certificate can be traded at a CO2 market exchange.
An Annual Emission Allocation (AEA) is an emission certificate used in the Effort Sharing Decision (ESD) and the Effort Sharing Regulation (ESR). It permits the emission of a CO2 equivalent quantity of 1 tonne.
An EU Allowance (EUA) is an emission certificate used in the European Union Emissions Trading System (EU ETS). It permits the emission of a CO2 equivalent quantity of 1 tonne.
Ontology