US fraud for trying to shift the protection of the carbon market
On the potential “to manipulate the system,” California Attorney General Edmund G. Brown, Jr. today recommended that the Federal Trade Commission sharpened its guidelines for companies that sell carbon emissions credits.
For example, activities such as courses, cars and power plants produce emissions of greenhouse gases from the interruption of the sun’s heat, so that rising global temperatures. Under a carbon offset program, consumers are able to acquire emission credits - reflect the ecological characteristics of projects to reduce emissions of CO2 and other greenhouse gases elsewhere in the environment.
The domestic market for carbon offset credits to predict is $ 100 million per annum in the next four years. Brown said. “Currently, the market is volatile these discrepancies, largely unregulated, and has serious potential for fraud.”
The Federal Trade Commission is responsible for carbon offset coal projects are fair and honest markets consumers. Recently, the Federal Trade Commission is seeking comments on January 25, 2008 on the marketing of carbon offsets and certificates of renewables.
In a letter today to the Federal Trade Commission, Attorney General Brown and nine other countries trial attorneys described the potential problems of carbon offset markets and recommendations to the Federal Trade Commission for consumer protection.
Other countries for membership of the letter so far are part - Vermont, Arkansas, Delaware, Maine, Mississippi, Oklahoma, Illinois, Connecticut and New Hampshire.
“The Federal Trade Commission has clear guidelines for the sale of charcoal carbon credits balanced,” Brown said: “Given that the Americans are trying more and more, compensation carbon emissions, increases the risk that some people trying to manipulate the system. Consumers must be convinced that they receive what they actually pay - reducing carbon real gap. “
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