The regulation of "derivatives" (falsely) imparts credibility to the underlying item: not "credit," not "asset," they don't qualify for such names, so I'm just saying "item."
Yes, that's it exactly, "hoping to cash in on the climate crisis." How could one EVER meaningfully (and honestly) "cash in" on the climate crisis? It is simply a vast diversion, to move huge piles of money around, meanwhile the real work that needs to be done languishes.
So is there a clear regulation that the CFTC is leaning on to allege fraud in the voluntary market carbon market? The regime is held together by NGOs.
https://www.cftc.gov/PressRoom/PressReleases/8994-24
The regulation of "derivatives" (falsely) imparts credibility to the underlying item: not "credit," not "asset," they don't qualify for such names, so I'm just saying "item."
Yes, that's it exactly, "hoping to cash in on the climate crisis." How could one EVER meaningfully (and honestly) "cash in" on the climate crisis? It is simply a vast diversion, to move huge piles of money around, meanwhile the real work that needs to be done languishes.
Great to repost the Lohmann article, thank you!