CFTC Moves to Set Voluntary Carbon Market Standards

The Commodity Futures and Exchange Commission today released its final guidance on listing standards for the trading of carbon offsets derivatives on CFTC-regulated exchanges. The new guidance outlines the factors that designated contract markets should consider before listing any contract whose underlying asset is a carbon offset.

Carbon offsets have been discredited by a vast range of academic papers, investigative reports, and community testimonials. The voluntary carbon market is shrinking rapidly, with a market cap of less than $1 billion today.“The CFTC is stuck between a rock and a hard place: a small volume of carbon offsets derivatives are being traded, and powerful interests are seeking to expand that market.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Forecasting the Coming Week: The Fed’s key meeting set to influence market movesThe US dollar succumbed to sustained selling pressure over the past few days, leading to its second consecutive weekly decline.
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »