I blogged yesterday on the need for an accounting standard on carbon emissions and trading.
The person I was discussing this with had been looking at the subject for a while, and I gave it a good internet search before writing. But one thing I had not searched was 'IASB' for International Accounting Standards Board and 'emissions trading'. When one respondent to my appeal for information (on the Tax Justice Network intertax list) suggested this could be appropriate I found that it is on their agenda - starting in the new year.
I stress, the disclosure is only on trading, not on emissions, and there's no plan in any way for the project to assess an organisation's carbon footprint, as I think a standard should, but it's a useful opening. And for once, nice to find the regulators are on the ball, or at least, on the pitch.