Energy interests caution US CFTC on its reach into climate-related financial risk

摘要

The US Commodity Futures Trading Commission should avoidoverstepping its authorities and quashing market evolution as it chartsits role in addressing climate-related financial risks, some energysector interests cautioned.Instead, they urged the CFTC to encourage the organicdevelopment of voluntary carbon markets while focusing on itsexisting powers to protect against fraud, manipulation and otherabuses to shore up confidence in the growing market area.