ACRP Report 57: The Carbon Market: A Primer for Airports
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ACRP Report 57:
The Carbon Market: A Primer for Airports
(2011)
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Overview

Authors

Description

TRB's Airport Cooperative Research Program (ACRP) Report 57: The Carbon Market: A Primer for Airports provides information on carbon and other environmental credit trading markets, and highlights the potential opportunities and challenges to an airport's participation in these markets.

The primer also addresses the new terms and concepts related to the carbon and other environmental markets.

Topics

Publication Info

82 pages | 8.5 x 11
Contents

Table of Contents

skim chapter
Front Matter i-ix
Summary 1-4
Chapter 1 - Introduction and Background 5-5
1.1 Overview of GHGs 6-7
1.2 Overview of Carbon Markets and Instruments 8-8
1.3 Carbon Projects at Airports 9-9
1.4 Airport Constraints as Related to Carbon Credits and Other Revenue Opportunities 10-11
1.4.2 Airport Layout Plan and Compatible Land Use 12-12
1.4.3 Use Agreements and Bond Resolutions 13-13
2.1 Offset Credit Origination 14-14
2.1.2 Methane Destruction 15-16
2.1.3 Land Use Changes 17-19
2.1.4 Industrial Pollutants 20-20
2.1.5 Energy Efficiency 21-22
2.2 Voluntary Carbon Markets and Initiatives 23-23
2.2.1 Offset-Based Programs 24-24
2.2.2 Legally Binding Voluntary Programs 25-25
2.3 Role of the GHG Inventory in Airport Carbon Management 26-28
3.1 State and Regional Regulatory Compliance Markets 29-29
3.1.1 Regional Greenhouse Gas Initiative 30-30
3.1.3 Western Climate Initiative 31-31
3.2.2 Regulatory Approaches 32-33
4.1 Global Compliance Carbon Market Overview 34-35
4.1.1 European Union 36-36
4.1.2 New Zealand 37-37
4.1.4 Developing and Emerging Economies 38-38
5.1 Renewable Energy Certificates 39-40
5.2 REC Markets 41-45
5.3 Voluntary Airport Low Emission Program (VALE) 48-48
5.3.2 RECs and AERCs 49-50
6.1 Implications of Retiring and Trading Environmental Instruments 51-51
6.2 Overview of Carbon and Environmental Instrument Trading 52-52
6.2.2 Wholesale Brokers 53-53
6.2.3 Retail Brokers 54-54
6.3 Offtake Demand Drivers 55-57
References 58-59
Acronyms 60-61
Glossary 62-72
Abbreviations used without definitions in TRB publications 73-73

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