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The use of market-based systems as a means of regulating emissions and other environmental pollution or degradation is a growing phenomenon. As nations and states appear to be responding to scientific pronouncements regarding the existence and causes of climate change, environmental markets appear to be one of the main tools that will be used to address greenhouse gas emissions. Carbon Trading Law and Practice provides the fundamental explanation and the underlying legal systems and issues that serve to create and sustain carbon credit creation and the trading of these credits, and a series of related legal and business issues.
• Excellent guide for practitioners involved in the voluntary credit market or the developing market for those that will be required to meet greenhouse gas emission restrictions in the future
• Comprehensive treatment of the areas of law surrounding carbon trading, including accessible explanations of key issues and terms