Will the CFTC greenlight a carbon emissions’ offset market boom (and bust)?

A recent series of meetings of the Commodity Futures Trading Commission’s (CFTC) Energy and Environmental Markets Advisory Committee (EEMAC) highlighted the risks of a forecast boom in offset emissions futures contract trading. The underlying assets of offset futures are projects to reduce, avoid or that claim to permanently remove greenhouse gas emissions.

Comments to the Commodity Futures Trading Commission on the proposed creation of a carbon markets subcommittee of the Energy and Environmental Markets Advisory Committee

We thank the Commodity Futures Trading Commission (CFTC, or Commission) for the invitation to comment on the proposal by the Commercial Energy Working Group to form an EEMAC carbon markets subcommittee.1 The proposed stakeholder group would produce a report on principles for designing the derivatives and underlying cash markets for the

Futurizing water prices: How, why and who may benefit?

Whether you are an industrial, agricultural, commercial or household user of water, here is a line that is very unlikely to appear on your next bill: “financial innovation management fee.” Nevertheless, like the claims to trade stocks from your phone without fees, the cost of “financial innovation” could be hidden in water bills. How could financial innovations — new financial products promising benefits for those who understand what they are and how to use them — affect those water bills?