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Carbon Value in Transactions: A Legal Perspective Volume 1, Issue 1
Authors: Tessa Schwartz, Morrison & Foerster
William Sloan, Morrison & Foerster
Abstract:
As market-based caps on greenhouse gas emissions have emerged as a primary policy response to climate change, carbon markets have become a critical component of the regulatory landscape. In this article, Tessa Schwartz and William Sloan consider the principal legal and practical issues that lawyers, investors and businesses should consider in the context of carbon-related business transactions, including the concept of “ownership” of the benefits and liabilities of carbon reductions. Schwartz and Sloan propose strategies for capturing the value of carbon reductions under different regulatory regimes and how to account for the risks and liabilities in transactions under those regulatory frameworks.
Full Text (PDF)
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