Legal Regulation of Forestry Carbon Sequestration Transaction in China
2010 ◽
Vol 113-116
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pp. 980-984
Keyword(s):
The Law
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The forestry carbon sequestration transaction (FCST) needs the guide of the law and policy. The subjects of FCST include buyers and sellers; the object is forestry carbon sequestration and the third party mainly includes brokers and measurement certification authorities. The effective elements of FCST legal behaviors need four main aspects. The establishment and regulation of legal systems includes transactional prices, three kinds of performing modes transaction, the benefit distribution of subjects, the mode of bearing legal reasonability and the trade dispute means.