Overview of Registries Concepts, Lessons, and Guiding Design Principles Presented by:

1. Western Regional Air Partnership July 17 2006, Denver, CO Overview of Registries Concepts, Lessons, and Guiding Design Principles Presented by: Pankaj Bhatia, Director, GHG Protocol Initiative World Resources Institute

2. Part I – Background and Context Emissions Registries – Key Concepts Registry Types and Examples US Registry Experience Part II – Key Design Principles Part III – Emissions Inventories – the Foundation Summary of the Presentation Topics

3. GHG Registries: An electronic database with standardized formats for tracking transactions including receiving and storing a set of GHG data to serve specific policies or programs GHG Standards: Set of commonly accepted concepts, terminologies, and framework to establish a true and fair account of GHG emissions GHG Policies and Programs: Instruments that manage or affect GHG emissions Examples: Public Reporting; Cap and Trade; Voluntary Agreements; Energy or Carbon Tax; Efficiency or Emissions Standards etc. Emissions Registries – Key Concepts

4. Relationship between GHG Registry, Standards, and Policies or Program GHG Standards GHG Registry Measurement GHG Registry GHG Programs Management

5. Source Inventory Emissions Inventory Emission Reduction Projects Allowance Accounting Market Exchange All of the Above Types of Registry

6. Registry Types and Examples

7. Registry design should be capable of running multiple programs for multiple pollutants, e.g. Acid rain program designed to work for one program and pollutant State NOx program required re-design to accommodate multiple pollutants Revised 1605b designed to support a specific policy objective - a national GHG emissions intensity target US Registry Experience – Lessons Learned

8. Registry design should be capable to accommodate a range of policy developments without trying to anticipate the future program rules, e.g. Connecticut (ECR): Direct emissions at unit level New York (ECR): Direct and indirect emissions at facility level Lessons Learned Contd.

9. A streamlined Registry Design that can serve as one stop interface for data input from an entity, e.g. Title V reporting procedures widely different and confusing in different states: CT: Burden on sources can be significant OH: requirements quite lax; not much QA/QC SIMILAR DATA also submitted to EPA under TRI Revised 1605b key elements complicated and unfamiliar to many companies Lessons Learned Contd.

10. Lessons Learned Contd. • A Registry Design that follows best practices and international standards. e.g. • Revised 1605b procedures for accounting for reductions are not consistent with best practice

11. Build with comprehensive data management capabilities Increases flexibility and adaptability to future changes and future programs Reduces development cost and administrative burden Key Registry Design Principles

12. Promote reporting transparency Builds confidence in the program Demonstrates rules compliance Improves market efficiency Integrate all systems and data Eliminates duplication and reduces errors Reduces administrative cost Automate whenever possible Design Principles (cont.)

13. Link and draw from existing systems with high quality data Leverages existing data collection efforts Conduct QA/QC in the right place Enhances data quality Reduces administrative cost Design Principles (cont.)

14. Multi-State Registry Design – A Vision • Provides emissions inventories framework that can: • Facilitate effective corporate GHG management strategies including baseline protection • Support emissions trading and other types of programs • Based on the GHG Protocol Standards and other best practices keeping in view potential policy developments • Addresses lessons learnt and follows design principles derived from the US Registry experience

15. Data identifying sources including definition, list, and emissions Data identifying facilities including definition, list, and emissions Data identifying activities including list of fuel and material streams within a facility Data identifying quantification methodologies including list of tiers and emissions factors for each activity Data identifying parent company including definition, list of business units, and emissions Description of quality control procedures Description of third party verification data checks Comprehensive Emissions Inventories – Key Data Capabilities

16. Emissions Inventories – A Core Building Block What you measure WELL, you can manage WELL What you measure WELL, you can market WELL Corporate GHG Management Emissions Trading System Emissions Inventories

17. Contact Information: Pankaj Bhatia Manager, GHG Protocol Initiative (www.ghgprotocol.org) World Resources Institute, Washington DC, USA pankaj@wri.org 1-202-729-7629 Questions?