Abstract
Water quality trading is a case where sorts of challenges arise and, if not adequately addressed in the program design, can significantly limit the potential economic and environmental gains that trading can offer. This paper examines the current interest in water quality trading, briefly reviews the status of water quality trading, and discusses some of the major challenges in designing successful programs. Trading has much potential to improve the effectiveness and efficiency of water quality protection in the United States for significant classes of pollutants, most notably nutrients and sediments. The challenge is to design trading programs that can realize this potential.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 231-250 |
| Number of pages | 20 |
| Journal | Penn State Environmental Law Review |
| Volume | 14 |
| Issue number | 2 |
| State | Published - Dec 2006 |
All Science Journal Classification (ASJC) codes
- Geography, Planning and Development
- Management, Monitoring, Policy and Law
- Law