- Volume 2 (2008), Issue 3
- Vol. 2 (2008), No. 3
- >
- Page 6
- p. 6
The Nature of the Right or Interest Created by a Market for Forest Carbon
issions trading markets are showing a demand for broader inclusion of forest-based emission reductions1 as a tool to address global warming. 2 Governments, private industry, and the general public are becoming more engaged in negotiations, rule-makings and transactions to promote the development and sale of GHG reductions from forests (hereafter “forest-based emission reductions”). While there continues to be important emphasis on the proper accounting rules for forestbased emission reductions, even more fundamental discussions and decisio