STUDY ON OVERSIGHT OF CARBON MARKETS.

SEC. 750. STUDY ON OVERSIGHT OF CARBON MARKETS.(a) Interagency Working Group.—There is established to carry out this section an interagency working group (referred to in this section as the “interagency group”) composed of the following members or designees:(1) The Chairman of the Commodity Futures Trading Commission (referred to in this section as the “Commission”), who shall serve as Chairman of the interagency group.(2) The Secretary of Agriculture.(3) The Secretary of the Treasury.(4) The Chairman of the Securities and Exchange Commission.(5) The Administrator of the Environmental Protection Agency.(6) The Chairman of the Federal Energy Regulatory Commission.(7) The Commissioner of the Federal Trade Commission.(8) The Administrator of the Energy Information Administration.(b) Administrative Support.—The Commission shall provide the interagency group such administrative support services as are necessary to enable the interagency group to carry out the functions of the interagency group under this section.(c) Consultation.—In carrying out this section, the interagency group shall consult with representatives of exchanges, clearinghouses, self-regulatory bodies, major carbon market participants, consumers, and the general public, as the interagency group determines to be appropriate.(d) Study.—The interagency group shall conduct a study on the oversight of existing and prospective carbon markets to ensure an efficient, secure, and transparent carbon market, including oversight of spot markets and derivative markets.(e) Report.—Not later than 180 days after the date of enactment of this Act, the interagency group shall submit to Congress a report on the results of the study conducted under subsection 124 STAT. 1749 (b), including recommendations for the oversight of existing and prospective carbon markets to ensure an efficient, secure, and transparent carbon market, including oversight of spot markets and derivative markets.