Last days of the Law Lords

July 31, 2009  is the last day that the law lords will work at the House of Lords. The new UK Supreme Court should be up and running soon in the fall.  Curiously, with the end of the House of Lords’ judicial function, the U.S. Supreme Court is now one of the oldest  unchanged courts of last resort.

Coverage of the end of the era for the Law Lords

From Law Lords to Supreme Court http://news.parliament.uk/2009/07/from-house-of-lords-to-supreme-court/ 

Farewell to the law lords http://business.timesonline.co.uk/tol/business/law/article6731018.ece?&EMC-Bltn=BGLA5B

House of Commons Report on Constitutional Reform & Renewal , July 2009 http://www.publications.parliament.uk/pa/cm200809/cmselect/cmjust/923/923.pdf

A Potted History of the Law Lords http://news.bbc.co.uk/2/hi/uk_news/8176958.stm

Global Carbon Trading: a Framework for Reducing Emissions

The UK’s Department of Energy and Climate Chnage has released a report on global cap and trade: “Global Carbon Trading: a Framework for Reducing Emissions.”

http://www.decc.gov.uk/Media/viewfile.ashx?FilePath=What we do\Global climate change and energy\Tackling Climate Change\Emissions Trading\Lazarowicz report\1_20090720094330_e_@@_GlobalCarbonTradingaframeworkforreducingemissions.pdf&filetype=4

Table of Contents

INTRODUCTION

THE CURRENT FRAMEWORK

LONG-TERM FRAMEWORK FOR CARBON TRADING

NATIONAL TARGETS IN DEVELOPED COUNTRIES

EMISSIONS TRADING

DEVELOPING COUNTRIES – A PHASED APPROACH

GOVERNANCE AND INSTITUTIONS

CAPACITY BUILDING

CONCLUSIONS

ANNEX A: SECTOR SUMMARIES:

Power Industry Forestry Agriculture Surface transport International shipping International aviation Buildings Waste

ANNEX B: EMISSION TRAJECTORIES IN THE TRANSITION PERIOD

ANNEX C: CAP AND TRADE IN PRACTICE – THE ACID RAIN PROGRAMME

ANNEX D: GLOBAL CARBON FINANCE MODEL

ANNEX E: CURRENT AND PROPOSED EMISSIONS TRADING SYSTEMS

UK Government Report on Reforming Financial Markets

UK  Treasury Report on Reforming Financial Markets (July 2009)

http://www.hm-treasury.gov.uk/d/reforming_financial_markets080709.pdf

Table of Contents

Executive summary 3

Chapter 1 Global financial markets 17

Chapter 2 The financial crisis and the Government’s response 27

Chapter 3 The causes of the financial crisis 35

Chapter 4 Strengthening regulatory institutions 47

Chapter 5 Significantly systemic firms 69

Chapter 6 Managing systemic risk 77

Chapter 7 International and European cooperation 93

Chapter 8 Supporting and protecting consumers 103

Chapter 9 Competition and choice in financial markets 119

Annex A Primary legislation proposals 137

Annex B Areas for discussion 149

Annex C Summary of impact assessment 163

Annex D How to respond 165

Annex E Abbreviations and glossary of terms 167

Digital Britain — UK Government’s Strategic Vision

The government of the United Kingdom has released an interesting report titled Digital Britain.

The Digital Britain Report is the British government’s “strategic vision for ensuring that the UK is at the leading edge of the global digital economy. It is an example of industrial activism in a crucial growth sector.”

Further:

The report contains actions and recommendations to ensure first rate digital and communications infrastructure to promote and protect talent and innovation in our creative industries, to modernize TV and radio frameworks, and support local news, and it introduces policies to maximize the social and economic benefits from digital technologies.

Hat tip to ResourceShelf.