The Essential Elements of a Successful Water Trading Program

by Charles Logue

Oct 20, 2015
Water quality trading programs offer many benefits, including facilitating greater cooperation among stakeholders within a watershed, reducing the costs of water pollution management, and providing ancillary environmental benefits not otherwise realized through traditional command-and-control approaches. Developing a successful program is a delicate balance--the underlying regulatory framework cannot be overly conservative. While a degree of safety/conservatism is necessary, there must also be a willingness and acceptance of some degree of uncertainty/flexibility to allow for the market-based aspects of a trading program to flourish and produce environmental benefits at reduced costs.
The Essential Elements of a Successful Water Trading Program


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