Sale of Quotas for Greenhouse Gas Emissions as a Type Civil Sale and Purchase Contract

The article examines the emergence, development and current legal regulation of the sale and purchase agreement, and reveals the place of sale of quotas for greenhouse gas emissions in the system of civil contracts. The character of the sale of emission quotas between states is considered, as well a...

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Main Authors: Aleksey Anisimov, Olga Popova
Format: Article
Language:English
Published: University of Bologna 2022-07-01
Series:University of Bologna Law Review
Subjects:
Online Access:https://bolognalawreview.unibo.it/article/view/15149
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author Aleksey Anisimov
Olga Popova
author_facet Aleksey Anisimov
Olga Popova
author_sort Aleksey Anisimov
collection DOAJ
description The article examines the emergence, development and current legal regulation of the sale and purchase agreement, and reveals the place of sale of quotas for greenhouse gas emissions in the system of civil contracts. The character of the sale of emission quotas between states is considered, as well as the legal nature of the quota sale (carbon units) contract in the framework of national jurisdictions. The authors conclude that the term “quota” means a quantitative limitation of greenhouse gas (G.H.G.) emissions, which should be understood as gaseous waste (G.W.), which has not received clear regulation in the national (Russian) law. Recognition of G.W. as a kind of industrial waste will make it possible to better understand and explain its legal nature, and directly the alienation of a certain amount (quota) of G.W. within the framework of civil legislation is the conclusion of a contract of sale of property rights belonging to the owner of G.W. to another business entity for a fee and for a certain period.
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spelling doaj.art-b99aa2e2a1074bb1888de423507c106c2022-12-22T03:03:18ZengUniversity of BolognaUniversity of Bologna Law Review2531-61332022-07-0171416610.6092/issn.2531-6133/1514913481Sale of Quotas for Greenhouse Gas Emissions as a Type Civil Sale and Purchase ContractAleksey Anisimov0https://orcid.org/0000-0003-3988-2066Olga Popova1https://orcid.org/0000-0001-6784-1101Kutafin Moscow State Law UniversityI. Kant Baltic Federal UniversityThe article examines the emergence, development and current legal regulation of the sale and purchase agreement, and reveals the place of sale of quotas for greenhouse gas emissions in the system of civil contracts. The character of the sale of emission quotas between states is considered, as well as the legal nature of the quota sale (carbon units) contract in the framework of national jurisdictions. The authors conclude that the term “quota” means a quantitative limitation of greenhouse gas (G.H.G.) emissions, which should be understood as gaseous waste (G.W.), which has not received clear regulation in the national (Russian) law. Recognition of G.W. as a kind of industrial waste will make it possible to better understand and explain its legal nature, and directly the alienation of a certain amount (quota) of G.W. within the framework of civil legislation is the conclusion of a contract of sale of property rights belonging to the owner of G.W. to another business entity for a fee and for a certain period.https://bolognalawreview.unibo.it/article/view/15149climatecontractemissionsgreenhouse gasesquota
spellingShingle Aleksey Anisimov
Olga Popova
Sale of Quotas for Greenhouse Gas Emissions as a Type Civil Sale and Purchase Contract
University of Bologna Law Review
climate
contract
emissions
greenhouse gases
quota
title Sale of Quotas for Greenhouse Gas Emissions as a Type Civil Sale and Purchase Contract
title_full Sale of Quotas for Greenhouse Gas Emissions as a Type Civil Sale and Purchase Contract
title_fullStr Sale of Quotas for Greenhouse Gas Emissions as a Type Civil Sale and Purchase Contract
title_full_unstemmed Sale of Quotas for Greenhouse Gas Emissions as a Type Civil Sale and Purchase Contract
title_short Sale of Quotas for Greenhouse Gas Emissions as a Type Civil Sale and Purchase Contract
title_sort sale of quotas for greenhouse gas emissions as a type civil sale and purchase contract
topic climate
contract
emissions
greenhouse gases
quota
url https://bolognalawreview.unibo.it/article/view/15149
work_keys_str_mv AT alekseyanisimov saleofquotasforgreenhousegasemissionsasatypecivilsaleandpurchasecontract
AT olgapopova saleofquotasforgreenhousegasemissionsasatypecivilsaleandpurchasecontract