Quick Response for Special Needs. Task 18. Primer on Carbon Credits and Revenue Opportunities for Airports

The growing concern for the impact of CO2 emissions on the environment has led to policies and regulations designed to control and limit greenhouse gas (GHG) emissions. One outcome of these regulations has been the development of carbon markets, where carbon credits are bought, sold, and traded. As airports evaluate their options in the new market and regulatory environment, there may be potential for them to generate revenue by generating and selling credits in the carbon market. However, as the carbon credit market continues to evolve, there are many questions regarding airport participation, including the kind of credits airports can create or trade, who can take credit for various actions at an airport, the minimum level of credits needed to be marketable, and how carbon trading would affect airport compliance obligations, including grant assurances made to the federal government. Research is needed to provide the airport community with current, relevant information on the carbon trading market and potential opportunities and/or challenges to their participation in this market. The objective of this research is to prepare a primer for airports that describes the carbon credit market and outlines potential opportunities for and challenges to airport participation.

• Record URL:
  http://www.trb.org/TRBNet/ProjectDisplay.asp?ProjectID=2811
• Supplemental Notes:
  • Contract to a Performing Organization has not yet been awarded.

Language

• English

Project

• Status: Proposed
• Funding: $95000.00
• Contract Numbers:

  Project 11-02, Task

• Sponsor Organizations:

  Federal Aviation Administration

  800 Independence Avenue, SW
  Washington, DC  United States  20591

  Airport Cooperative Research Program

  Transportation Research Board
  500 Fifth Street, NW
  Washington, DC    20001
• Project Managers:

  Navarrete, Joseph

• Start Date: 20100203
• Expected Completion Date: 0
• Actual Completion Date: 0
• Source Data: RiP Project 25033

Subject/Index Terms

• TRT Terms: Air quality management; Airport operations; Airports; Carbon dioxide; Climate change; Greenhouse gases; Jet engine fuels; Pollutants
• Subject Areas: Aviation; Environment; I15: Environment;

Filing Info

• Accession Number: 01464017
• Record Type: Research project
• Source Agency: Transportation Research Board
• Contract Numbers: Project 11-02, Task
• Files: TRB, RiP, USDOT
• Created Date: Jan 3 2013 2:34PM