2008 -- the period from January 2008 to December 2008 will be used to identify which non-energy intensive organisations in the UK have consumed more than 6,000 MWh of half hourly metered electricity.

July 2009 - The Environment Agency issued letters to the billing address of all half hourly metered properties toi make them aware of the Carbon Reduction Commitment.

April 2010 - The Carbon Reduction Commitment scheme officially begins, but most organisations should have started managing their portfolio for several months. This date will be used as both the start ot the 1st compliance year and the start of the 'Footprint Year'

April to September 2010 - This is the official 'Registration Period'

April 2011 - The 1st sale of allowances will take place in April 2011 to cover the following year's emissions (forecasted)

July 2011 - Each organisation must submit their Footprint Report by July 2011 and allowances must be surrended by this time.

October 2011 - The 1st Recycling Payment will be made with companies receiving their allowances plus/minus the bonus/penalty payment depending on their performance in the league table