Carbon Rock

Gordon Brown has called for the creation of an independent European ‘carbon bank’ to improve the functioning of the EU's Emissions Trading Scheme and help fight climate change.

Gordon Brown told a news conference with European Union Commission President Jose Manuel Barroso

"We favour the creation of an independent European carbon bank to set caps on carbon permits and establish how the carbon market should operate in the future,"



So who will own all this carbon then, surely not the owner of the Northern Rock assets

The Law Debenture Corporation plc
.