Water Quality Trading – Latest Idea in Market Based Pollution Solutions

We’ve been familiar with market based trading schemes for emissions such as sulpher dioxide and CO2, but here’s something I hadn’t head of before – Water Quality Trading. The concept, like airborne emissions trading, is to find an efficient and cheap way to improve water quality in a given watershed. If a company faces high costs to reduce their pollutants, they can pay a more efficient company to reduce their pollutants instead, resulting in essentially the same thing. Like a CO2 emissions cap, a given watershed can have a goal established that all polluters in the watershed must achieve together. For more information check out this 120 page handbook put out by the EPA.
This was brought to my attention by a nifty new green blog – the Green Wombat.

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He worked for TreeHugger.com, managing the technical side of the publication for 3 years and has also been an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.

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