Carbon Credits and Emissions Trading

As in other countries that have adopted cap-and-trade carbon emissions control regimes pursuant to The Kyoto Protocol, businesses in the United States will soon need to fully comprehend issues related to carbon trading and successful business practices. Today, voluntary carbon markets already are in place in several regions of the country, and several states, including Oregon and Washington, are developing regulatory standards for controlling and capping the production and emission of greenhouse gases, including carbon. The Federal government also likely will soon adopt some form of national cap-and-trade legislation, which most certainly will consolidate the existing regional carbon markets.

Attorneys at Schwabe, Williamson & Wyatt can advise businesses on the evolving regional, national and international developments in carbon trading and existing markets, and on the related regulatory landscape, assisting in obtaining certification of qualified projects for carbon credit production and counsel acquisition and disposition of carbon credits in the existing markets.

Contact: Janna Aginsky, Greg Fullem

Resources
Oregon's Electronics Recycling Law
Western Climate Initiative
Summary of Energy-Tax Provisions of 2009 Recovery Act

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