National Register of emissions and emission quotas

The European Directive no.2003/87/EC (Emissions Trading) establishes the European exchange system for greenhouse gas emission authorizations through the assigning of emission authorization quotas to all plants belonging to the categories listed under Attachment I of the Directive (combustion and industrial plants, except chemical plants for the treatment of waste). This is done through National trading plans.

To enforce this Directive and following the issuance of the Decree of the Ministry of Environment and Land Protection (DEC/RAS/ 074/2006) containing the assigning and issuance of CO2 quotas for the period 2005-2007, a National Registry was established.

This registers all operations carried out (issuance of quotas, transfers, acquisitions and cancellations) and shows compliance with control obligations taken by operators (reconciliation between owned quotas and actual emissions of single operators).

The National Registry belongs to a European registry system which is composed of national registers managed by Member States and the Community Independent Transaction Log (CITL) managed by the Commission. With effect from 2008, the National Registry provided by the Directive for the three-year period 2005-2007 will be incorporated in the Kyoto Protocol registry system.