E2SSB 5735 -
By Representative Anderson
FAILED 04/14/2009
On page 2, line 6 of the amendment, after "(1)" insert "(a)"
On page 2, after line 12 of the amendment, insert the following:
"(b) Prior to implementing any market mechanism to reduce
greenhouse gas emissions in Washington, the governor must have the
policy reviewed by national experts familiar with speculation, fraud,
creating private markets, and derivative markets, such as the Chicago
mercantile exchange, the New York stock exchange, the national
association of securities dealers automated quotations, and the United
States securities and exchange commission. The public must be given an
opportunity to comment on the review."
EFFECT: Requires the governor to have any market mechanism that reduces greenhouse gas emissions to be reviewed by national experts familiar with creating private markets, fraud, speculation, and derivative markets, such as the Chicago mercantile exchange, the New York stock exchange, the national association of securities dealers automated quotations (NASDAQ), and the United States securities and exchange commission. Requires the public to have an opportunity for comment.