Environment
CFTC Probes Voluntary Carbon Credits as Market Scrutiny Grows
Key Points
The US derivatives regulator is conducting a broad probe into the voluntary carbon credit market, an industry that boomed when corporations started pledging to reduce their emissions but has shrunk amid quality concerns and a wider corporate pullback on climate goals.
The US derivatives regulator is conducting a broad probe into the voluntary carbon credit market, an industry that boomed when corporations started pledging to reduce their emissions but has shrunk amid quality concerns and a wider corporate pullback on climate goals.