"Simon Linnett, Executive
Vice-Chairman of Rothschild, has called for a new international
body, the World Environment Agency, to regulate
carbon trading.
In a recently published paper,
Trading Emissions, for
the Social Market Foundation, Mr Linnett argues that the International
problem of climate change demands an international solution.
Unless governments cede some of their sovereignty to a new world
body, he says, a
global carbon trading scheme cannot be
enforced and regulated."
