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Carbon credits under the UK Emissions Trading Scheme

26 March 2024 / Author(s): Michael Ryan , James Bailey
Issue: January 2022 / Categories: Feature

The UK recently established a new Emissions Trading Scheme following the UK’s departure from the EU. This article explores the legal nature of carbon credits under the new UK Emissions Trading Scheme by reflecting upon the legislative framework underlying the scheme, the case law surrounding carbon credits under the EU Emissions Trading Scheme and recent developments regarding the legal status of cryptocurrencies as a form of intangible property.

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