CFTC Chair Pitches Expanded Authority To Verify Carbon Offset Credits

A top financial regulator is outlining his agency’s potential role in overseeing voluntary carbon markets, suggesting Congress should require more explicit regulations to ensure the quality of such credits as more companies look to purchase emissions offsets to reach their climate targets. “This is going to be an emerging market that is really important for the U.S. government to think about,” Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said at an April 20 event hosted by the Bipartisan Policy...