CORRECTION – US regulator should investigate CME’s carbon futures contracts, says think-tank

Published 19:39 on October 7, 2022  /  Last updated at 14:54 on October 10, 2022  /  Africa, Americas, Asia Pacific, Australia, Canada, China, EMEA, International, Japan, Middle East, Nature-based, South Korea, US, Voluntary  /  1 Comment

The Commodity Futures Trading Commission (CFTC) should investigate the “self-certification of the GEO and the N-GEO futures contracts by the CME Group last year,” and use its mandate to oversee the ‘flawed’ voluntary carbon market (VCM) where fraud may be widespread, a think-tank stated on Friday.

(Corrects ‘not-for-profit’ intermediaries to ‘for-profit’ intermediaries in the 19th paragraph)

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