UK Renewables Obligation scheme changes: Will the United Kingdom agree to or announce the removal or replacement of the Renewables Obligation Certificate buy-out fund redistribution mechanism before Jan 1, 2028? ROC recycle removal
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Resolution rules
If the United Kingdom agrees to or announces the removal or replacement of the Renewables Obligation Certificate buy-out fund redistribution mechanism before Jan 1, 2028, then the market resolves to Yes. An agreement or announcement qualifies if it involves any of the following: Formal signing of treaties Parliamentary approval with binding effect Official ratification Formal commitment by the head of state/government with constitutional authority Official statements by authorized ministers Official press releases Formal declarations during government proceedings Official statements to international bodies Phased implementation announcements and multi-party agreements where the country is a signatory also qualify. The following do NOT qualify: Preliminary discussions Conditional agreements contingent on circumstances Opposition party statements Leaked documents Think-tank recommendations General aspirations without specific commitment Draft legislation without approval Regional actions (unless specified) Retraction of previously announced commitments
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As of Sep 29, 09:25 PM UTC