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  • Published: Apr 29th, 2010
  • Category: USA
  • Comments: 2

Opinion: Senate wants close scrutiny of carbon markets

An array of US regulatory authorities may be asked to look into the emerging US carbon trade as the fallout from the global financial crisis continues to reverberate across Capitol Hill. A proposed Senate financial reform bill, aimed at clamping down on the dubious market practices blamed for the 2007-08 crisis, would require an in-depth study of the carbon trade “to ensure an efficient, secure, and transparent carbon market, including oversight of spot markets and derivative markets.”

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