In Italy, since the current government took office, there would be 8 billion euros of ETS revenues and only 1.6 billion have been reported.

Omissions

• Two independent sources or one primary source confirming the exact 8 billion and 1.6 billion figures for the period since the Meloni government took office (October 2022) could not be found.
• The ECCO report (February 2025) covers the period 2012-2024, not specifically the Meloni government period, and refers to money spent rather than reported/accounted for.
• The Il Fatto Quotidiano article appears to cite the same ECCO report as its source, meaning the two secondary sources found are not genuinely independent.
• No Italian government audit, parliamentary report, or official database was located that breaks down ETS revenues and their reporting status specifically for the October 2022–May 2026 period.

Sources

• SecondaryECCO Climate - EU ETS Auctions in Italy ReportBetween 2012 and 2024, EU ETS auctions generated revenues of 15.6 billion euros in Italy. In 2022, the annual revenues exceeded 3.16 billion euros. Italy appears to have spent only 9% of these 15.6 billion (approximately 1.4 billion euros).
• SecondaryIl Fatto QuotidianoItaly spent only 9% of revenues from emission quota auctions on climate change, missing the 50% target.