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Congressional Disapproval of Voluntary Carbon Credit Trading Guidance

This document proposes that Congress reject new guidelines for trading voluntary carbon credits. This means that rules on how companies can trade carbon emission rights will not take effect. For citizens, this could mean no new regulations impacting prices of products and services related to emissions.
Key points
Congress aims to block new rules on carbon credit trading.
The absence of these rules may affect how companies manage their emissions and environmental protection costs.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_SJRES_9
Sponsor: Sen. Kennedy, John [R-LA]
Process start date: 2025-01-30
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A joint resolution 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".

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_SJRES_9.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-01-30.

What are the main provisions?

Key points include:

  • Congress aims to block new rules on carbon credit trading.
  • The absence of these rules may affect how companies manage their emissions and environmental protection costs.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Kennedy, John [R-LA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Environment Economy