18 N.Y.U. Envtl. L.J. 507 (2010-2011)
Using Carbon Rights to Curb Deforestation and Empower Forest Communities

handle is hein.journals/nyuev18 and id is 513 raw text is: USING CARBON RIGHTS TO CURB
DEFORESTATION AND EMPOWER
FOREST COMMUNITIES
MARON GREENLEAF*
INTRODUCTION
On June 26, 2009, the House of Representatives passed the
American Clean Energy and Security Act' (ACESA or the Act).
The Act is the first piece of legislation regulating greenhouse gas
(GHG) emissions to pass either house of Congress.      With
provisions establishing an emissions trading system, minimum
renewable energy requirements, efficiency and electricity grid
improvements, and funding for energy development, the 1200-plus
page Act is ambitious and its provisions controversial. In the
massive media and policy debate surrounding its passage, few
commentators focused on the provisions designed to halt
international deforestation and attendant GHG emissions. Sections
743(d) and 751 through 756-the main parts of the Act addressing
deforestation-would create a comprehensive program to reduce
deforestation and degradation through a mixture of direct funding
and integration into the broader carbon market established by the
Act.
In passing ACESA with these provisions, the House joined a
growing number of institutions attempting to reduce emissions
from deforestation and degradation (REDD) in order to combat
climate change. This acronym has become shorthand for the
myriad plans to minimize GHG emissions from the forestry sector,
and it is used in this Note to describe all efforts aimed at reducing
* J.D., 2010, New York University School of Law; B.A., Yale University.
The author is now pursuing a Ph.D. in anthropology at Stanford University,
where she studies climate change and deforestation in Southeast Asia. She would
like to thank Dean Richard Revesz and Professor Katrina Wyman for
encouraging her interest in environmental law and policy, Professor Jacob
Werksman for his feedback on this Note, Justin Mankin for his continual
support, and the tireless staff of the N.Y.U. Environmental Law Journal.
H.R. 2454, 111th Cong. (2009).
507

Imaged with Permission from NYU Environmental Law Journal

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