CFTC Advances Climate Work Via Task Force Targeting Carbon Credit Fraud

The Commodity Futures Trading Commission (CFTC) is launching a task force to target “environmental fraud” in voluntary carbon credit markets and other areas, signaling the commission’s continuing enforcement-based efforts to curb false or misleading claims in the growing use of carbon credits. The agency’s Environmental Fraud Task Force, announced in a June 29 press release , will “address fraud and other misconduct” in derivatives markets and related spot markets such as voluntary carbon credit markets, “relating to purported efforts to...