May 19 2005
Water Trading?
Water quality trading, while not as established as air quality trading, is included on EPA’s website. One of the presentations at this month’s conference focused on nutrient trading within Virginia’s portion of the Chesapeake Bay’s Watershed. The commonwealth is developing a nutrient trade program to improve the nitrate and phosphate loads within the bay. While the TMDL program is the traditional path for trading, Virginia is implementing this program as a means to avoid the bay falling under a TMDL program.