Thanks for the brief Allyson. Lots is going on to move formaldehyde out of building materials right now. Formaldehyde has been the binder of choice in fiberglass batt insulation, but that is changing rapidly. Four major fiberglass manufacturers have rolled out formaldehyde free lines in the last couple of years, plus one cotton line (all listed in GreenSpec of course http://www.buildinggreen.com/auth/productsByCsiSection.cfm?SubBuilderCat...).
I explored the potential health impacts of the chemicals in their alternative binders in a blog earlier this month (http://www.pharosproject.net/index/blog/mode/detail/record/63/formaldehy...).
And in related news, Congress passed legislation this week limiting formaldehyde emissions in composite wood products (more on this at http://www.pharosproject.net/index/blog/mode/detail/record/68/congress-p...)
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