Refineries will be able to trade the quotas, so refineries that use more biofuels will be able to sell their surplus quota to those that miss their targets. In parallel with the announcement of ...

Then subtract Vermont's surplus of 500 from her 4,000, leaves 3,500 as her quota on the pending call; and likewise subtract New-Hampshire's surplus of 1,500 from her 4,000, leaves 2,500 as her ...

Some OPEC+ delegates have privately said that exasperation among the group’s leaders with persistent quota-cheats like ... in a bid to stave off an oil surplus and shore up prices.

Companies that emit less than their assigned quota will be allowed to sell surplus allowances to others. Those exceeding their limits will need to purchase additional allowances to cover the excess.