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Disapproval of Voluntary Carbon Credit Trading Guidance

This U.S. Congressional resolution aims to nullify guidance issued by the Commodity Futures Trading Commission (CFTC) regarding the listing of voluntary carbon credit derivative contracts. This means that the previous rules for this type of trading will not take effect, potentially impacting the carbon credit market and related investments.
Key points
Congress disapproves CFTC guidance on carbon credit trading.
Rules for voluntary carbon credit derivative contracts will not be enforced.
This may affect the stability and transparency of the voluntary carbon credit market.
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Status:
Introduced
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Additional Information
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Commodity Futures Trading Commission relating to "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts".
Print number: HJRES 90
Sponsor: Rep. Bice, Stephanie I. [R-OK-5]
Process start date: 2025-04-03