Chapter

The Significance of Property Rights in Biotic Sequestration of Carbon

Alastair Lucas

in Property and the Law in Energy and Natural Resources

Published in print February 2010 | ISBN: 9780199579853
Published online May 2010 | e-ISBN: 9780191722745 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199579853.003.0021
 							The Significance of Property Rights in Biotic Sequestration of Carbon

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This chapter explores the role of property rights in the design of appropriate legal structures for biotic carbon sequestration. The objective is a regime that permits creation of biotic sequestration rights which can be integrated into offset trading systems. Two main issues will be explored, building on earlier, broader-scale, preliminary research: (1) defining foundational legal rights to carbon sequestration potential and sequestered carbon; and (2) shaping a property rights regime for sequestered carbon. This will be done in a particular context — in effect a case study — namely, private and public or ‘Crown’ lands in the province of Alberta, Canada.

Keywords: property rights; biotic carbon sequestration; Alberta; property law; environmental law; carbon offset systems

Chapter.  5846 words. 

Subjects: Public International Law

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