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The delition of EUA

EUA allowances held in a registry account can be withdrawn from the cycle not only by surrendering but also by cancellation.

The voluntary cancellation of EUA allowances under the EU Commission Regulation No 2216/2004 of 21 December 2004, Article 62 (Voluntary cancellation of allowances and Kyoto units) removes allowances from the EU ETS so permanently that these allowances are no longer available to other participants in the EU scheme, thus reducing CO2 emissions in the EU.

Such cancellation of EUAs - as carried out by providers such as Climate Company® - can be a transparent method of achieving climate neutrality and thus contribute to global climate protection, in addition to supporting climate protection projects.