CO2 quotas and CDM/JI credits
Kromann Reumert's energy law group also has experience in advising Danish and foreign clients on the legal aspects of CO2 quotas and CO2 credits.
The importance of CO2 quotas and credits to Danish and foreign undertakings is growing as a result of increased focus and regulation. This gives rise to both legal and commercial considerations – i.a. in relation to contract types and corporate CSR policies.
Our expertise
We have advised on legal issues relating to the rules on CO2 quotas, including:
- inquiries about transfer of quotas
- transfer of businesses which have quotas, including transfer of emission permits (operator licences)
- registration and charging of quotas
- inquiries relating to the discontinuation of businesses to which quotas have been allocated
- purchase of CO2 credits in CDM/JI projects through bilateral purchase contracts with owners in developing/industrial countries and brokers
- establishment of and participation in foundations with the object of obtaining credits, etc.