What linkages currently exist between registries and trading regimes?
Registries and emission trading programs have evolved independently due to different drivers. Most registry participation is undertaken for baseline protection against future regulatory actions. Most current GHG emission trading activities are related to financial risk management. Currently, in the Unites States, there are no established links between the registry programs and the emission trading programs or markets. Informally, companies that participate in registries may have the internal capabilities (i.e. knowledge and insight, management systems, etc.) to engage in emission trading and vice versa, but these are company specific situations rather than links between programs.