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Early day motion tabled by primary sponsor Colin Challen (Labour), on Wednesday, 22 October 2008, in the House of Commons. It is signed by 39 members in total.


TRANSPARENCY OF CARBON MARKETS

That this House believes that carbon trading can play an important role in combating climate change, but that confidence in such an approach can only be maintained if such markets are open, accountable, transparent and fully verifiable; and therefore believes that in order to avoid the collapse of trust that has occurred in financial markets, carbon markets must be better regulated and that hybrid and complex carbon credit-structured concepts such as synthetic carbon products and sub-index arbitrage strategies be excluded from any certified form of carbon credit.


Secondary information

Type
Early day motion
Reference
2322 
Session
2007-08
Other sponsors
Martin Caton
David Drew
Mark Durkan
Andrew George
David Leslie Taylor
Subjects
Climate change International economic relations
Link
View this Early day motion on www.parliament.uk