Climate Change Newsletter: Issue 4 — US: California Air Resources Board approves first forest carbon offset project
The California Air Resources Board (ARB) has issued its first-ever approval of a forest carbon offset project under the state’s cap-and-trade forestry offset protocol.
The project is particularly noteworthy because it is being implemented on 8,000 acres of land within the Yurok Indian Reservation. Indian tribes control significant forestry resources across the US, and there is significant interest in carbon offset project development in Indian Country.
The Yurok project is likely to be the first of many tribal proposals to reach the ARB…
Click on the link below to read the rest of the Dentons briefing.
News from Dentons
News from The Lawyer
Briefings from Dentons
‘Inversion’ transactions are nothing new, and the current proceedings appear to be just another replay of earlier games of tag between the government and US multinationals.
In Devon Canada Corporation v The Queen, the issue is whether the taxpayer may deduct $20,884,041 paid to cancel issued stock options.
Analysis from The Lawyer
The continent’s boom in natural resources and renewable energy is sparking an infrastructure drive
Shearman & Sterling is making its presence felt in the City, squaring up to magic circle firms and looking to muscle in on key relationships. Private equity house Bridgepoint is one outfit that has had its head turned by the US firm.