Carbon property rights in context

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Show simple item record Boydell, Spike en_US Sheehan, John en_US Prior, Jason en_US
dc.contributor.editor en_US 2010-05-28T09:52:12Z 2010-05-28T09:52:12Z 2009 en_US
dc.identifier 2008003971 en_US
dc.identifier.citation Boydell Spike, Sheehan John, and Prior Jason 2009, 'Carbon property rights in context', Cambridge University Press, vol. 11, no. 2, pp. 105-114. en_US
dc.identifier.issn 1466-0466 en_US
dc.identifier.other C1 en_US
dc.description.abstract This commentary offers a background to the carbon challenge, carbon offsets, and emissions trading from an Australian perspective. It sets the scene for a more detailed discussion about carbon sequestration rights, which are defined explicitly by some Australian states and territories but not by others. We highlight that the term carbon sequestration right is poorly defined and relies, inappropriately we suggest, on the borrowed term profit a prendre. This terminology is at odds with the notion of a carbon property right, which has yet to be conceptualized fully by the marketplace and the existing legal framework, given the need to fully engage the sociological and ecological dimensions of carbon and climate change. We find that current policy intent, together with evolving public will and corporate responsibility, is ahead of the science and the legal framework for managing property rights in carbon (used broadly to represent the six greenhouse gasses). The Australian Property Institute has taken the lead in its 2007 policy paper Conceiving Property Rights in Carbon and more recently in Sheehan and Kanas's investigation of "Property Rights in Soil." This article takes the discussion to the next stage by offering a framework for property rights in carbon and asking whether such rights should be vested in the state or the nation, rather than merely creating a commodity that can be efficiently allocated and thus speculated upon. en_US
dc.language en_US
dc.publisher Cambridge University Press en_US
dc.title Carbon property rights in context en_US
dc.parent Environmental Practice en_US
dc.journal.volume 11 en_US
dc.journal.number 2 en_US
dc.publocation United Kingdom en_US
dc.identifier.startpage 105 en_US
dc.identifier.endpage 114 en_US DAB.School of Built Environment en_US
dc.conference Verified OK en_US
dc.for 120200 en_US
dc.personcode 997009 en_US
dc.personcode 101169 en_US
dc.personcode 996915 en_US
dc.percentage 100 en_US Building en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom en_US en_US
dc.location.activity en_US
dc.description.keywords Property rights, Emissions trading, Carbon offsets, Pollution control en_US
dc.staffid en_US
dc.staffid 996915 en_US

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