Allocation mechanism
Under an emissions trading scheme, permits to emit can initially either be given away for free, usually under a ‘grandfathering’ approach based on past emissions in a base year or an ‘updating’ approach based on the more recent emissions. The alternative is to auction permits in an initial market offering
Allochthon
A rock mass formed somewhere else than its current location which was transported by fault movement
Allotment of land
Allotment of shares
Allotment return
Allow a degree of latitude
Allowable
The amount of oil or gas that a well is permitted by State authorities to produce during a given period