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Pages 1-4

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From page 1...
... In fact, with only a few states implementing regional carbon cap-and-trade programs, there are very few regulations requiring substantial GHG reductions for any type of entity. Therefore, outside of a handful of airports in the past that have been required to reduce or monitor emissions as a prerequisite for a building permit or pursuant to a city ordinance, most of the potential airport participation discussed herein relates to hosting voluntary projects and evaluating the potential to sell the associated carbon credits in what is commonly referred to as the voluntary carbon market.
From page 2...
... Third, safety and other regulatory restrictions limit the types of projects that can be implemented on airport grounds. While there are numerous examples of airports installing renewable energy systems, to date, no United States–based airports have hosted an on-site GHG reduction project for which carbon offset credits were generated and later sold.
From page 3...
... The carbon offset project types that are traditionally recognized to produce salable carbon offset credits in the United States do not align well with airport infrastructure or can be challenging to implement due to airport safety regulations. These project types include managing organic waste and planting trees onsite.
From page 4...
... An airport operator motivated by potential increased revenue streams may find fewer opportunities, most of which do not outweigh the diminished ability to claim environmental benefits. The current lack of comprehensive federally regulated carbon markets in the United States, along with other airport specific restrictions, limits revenue opportunities from hosting offset and renewable energy projects and selling the associated credits.

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