Cracking Down on Carbon Markets: CFTC and FTC Exercise Heightened Scrutiny

This episode was originally released on August 28, 2023 | This episode of the "Eyes on Washington" podcast series by Holland & Knight's Public Policy & Regulation Group is presented by attorneys Halley Townsend, Andy Kriha and Alex Holtan of the firm's Greenwashing Mitigation Team. Their conversation focuses on recent actions by the U.S. Commodity Futures Exchange Commission (CFTC) and Federal Trade Commission (FTC) in the carbon markets space. They discuss the CFTC's new Environmental Fraud Task Force, the FTC's updates to the Green Guides and how both could impact businesses' trade and carbon offsets. They offer detailed insight on how these agencies exercise their authority, how those enforcement actions may change or stay the same and ultimately what impact the heightened scrutiny will have on the decarbonization efforts of U.S. businesses.