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U.K. Rolls Out Carbon Trading for Businesses — Would the U.S. Adopt It Too?

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(The following is a condensed version of a posting on our newest blog, Sustainability & Climate Change Reporter. To view the full article, go to www.sustainabilityclimatechangereporter.com

While the U.S. Congress argues whether or not to adopt climate change legislation that includes cap-and-trade, the United Kingdom has rolled out a new mandatory carbon trading program sweeping in businesses that, up to now, have not been covered by the European Union's ("EU") Emissions Trading System.

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Published In: Commercial Law & Contracts Updates, Environmental Law Updates, International Law & Trade Updates, Tax Law Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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