greenhouse gas emissions allowance
- (a) the allowance confers or may result in a benefit or advantage to its holder or another person; and
- (b) the allowance, or the benefit or advantage in (a), is linked to the emission or non-emission of quantities of carbon dioxide or other greenhouse gases into the environment by the holder of the allowance or someone else.2
an allowance, licence, permit, right, note, unit, credit, asset, certificate or instrument (the "allowance") where: