United States: CFTC Chairman Requests Jurisdiction Over Carbon Trading
| Sourced From Mondaq.com |A recent Senate Committee on Agriculture, Nutrition, and Forestry hearing focused on carbon markets and producer groups.On September 9, 2009, the U.S. Senate Committee on Agriculture, Nutrition, and Forestry held a hearing to examine global warming legislation. The hearing focused on carbon markets and producer groups. Congress currently is working on legislation that would establish a cap-and-trade system to control greenhouse gas emissions.Chairman Gary Gensler of th