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.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.