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The Nature of the Right or Interest Created by a Market for Forest Carbon

Michelle Passero

DOI https://doi.org/10.21552/CCLR/2008/3/56



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

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