William Tarantino and Christin Hill spoke to The Wall Street Journal about the carbon-credit market and the U.S. Securities and Exchange Commission’s (SEC) new pollution-disclosure rules. The new focus by regulators is expected to weed out questionable credits.
“There’s a little bit of a crisis of confidence in the quality of voluntary carbon credits,” said William.
However, before issuing the final version, the SEC’s revised its rules after an outcry over the cost and difficulty of compliance. “The new rules could have been a lot more impactful than they ended up being,” said Christin Hill.
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