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United States; mitigation banking; marine resources management; coastal zone management act; EPA; port planning
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Mitigation Banking: A Potential Tool For Port Planners, Laura Kelley
Mitigation Banking: A Potential Tool For Port Planners, Laura Kelley
Theses and Major Papers
Mitigation banking has been used as a means of facilitating the permit process by removing the negotiation of appropriate mitigation for development from the confines of the permit process. A developer with frequent needs to mitigate for losses associated with Section 404 and Section 10 requirements may, using a mitigation bank, consolidate mitigation and in so doing, potentially reduce mitigation costs. As a result of route maintenance, as well as expansion requirements, ports were considered to be good candidates for sponsoring mitigation bank efforts. Port use of mitigation banking has not been as expected due to a lack of available …