EPA proposes water quality trading. (Markets).(Brief Article)

Chemical Market Reporter, May, 2002

THE ENVIRONMENTAL Protection Agency (EPA) is proposing a water quality trading policy to increase the pace and success of cleaning up impaired rivers, streams and lakes throughout the country. EPA officials say they believe the policy could save hundreds of millions of dollars by advancing more effective, efficient partnerships to clean up and protect watersheds.

The policy encourages incentives to maintain high water quality where it exists as well as restoring impaired waters. Under the proposal, industrial and municipal facilities would first meet technology control requirements and then could use pollution reduction credits to make further progress toward water quality goals. The water quality trading policy states that sources should...

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