Ensuring Carbon Offsets Do Their Job

Law360, New York (August 21, 2009, 1:01 PM EDT) -- The United States is poised to pass some version of a cap-and-trade bill in the near future. In debating the form of the final statutes and corresponding regulations, Congress would be well-advised to take note of the growing pains of current carbon offset markets so as to avoid duplicating them.

In particular, any final bill must include strict oversight provisions for projects that receive carbon offset credits, and there must be a single government authority with responsibility for oversight, reporting and enforcement.

Part of the reason...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.