Water Quality Trading
Click on the state name below, or scroll down, for information regarding state water quality trading programs and state policies.
 Arizona  California  Colorado  Connecticut
 Nevada  New Jersey
 New York
North Carolina
 Ohio  Oregon  Pennsylvania  Tennessee
 Utah  Vermont Virginia Washington
 West Virginia   Wisconsin    
*ATTN: The following maps may only be re-used with permission. Please inquire with Mark Kieser for use (see Contact Us)
 Trading Programs at the Watershed Scale
 Trading Programs at State Level
  State Trading Programs:                                                                                                   


  • Lower Delaware River Basin: 2006 Report "Water Quality Trading in the Lower Delaware River Basin: A Resource for Practitioners" 
  • Delaware Department of Natural Resources:
    - Watershed-based Nutrient Trading Factsheet
    - "An Industry in a Bind" Factsheet
  • Inland Bays Watershed: Pollution Control Strategy Allowing Trading
  • Indian River and Bay, Rehoboth Bay, Little Assawoman Bay Watersheds: 7403 Regulations Governing the Pollution Control Strategy 
  • Pollutant Trading Advisory Committee: webpage
  • Tampa Bay: Estuary Program
  • Lake Okeechobee Watershed:Factsheet - WWF page - RFF article
    -Florida Ranchlands Environmental Services Projects (FRESP) is funded by the USDA NRCS, FDACS, SFWMD, WWF, and Florida DEP. It is a 5 year pilot market-based project to restore Lake Okeechobee Watershed by paying Ranchers for environmental services such as water retention, phosphorus retention, and wetland enhancement. 
  • Lower St. Johns River Basin: Florida DEP mainpage (overview of action and trading plans)
  • Water Quality Credit Trading: 2006 Report to governor and legislature
  • Lake Allatoona Watershed: A framework for trading phosphorus credits in the Lake Allatoona Watershed - River Center Webpage
  • 2008 Georgia Comprehensive State-wide Water Management Plan
  • Water Quality Trading Feasibility Papers:
    - 2006 Building a Foundation for Water Quality Trading in Georgia" paper
    - 2005 "An Evaluation of Water Quality Trading for Georgia Watersheds" paper and conference proceedings
    - 2005 "A Feasibility Analysis of Applying Water Quality Trading in Georgia Watersheds" Paper
    - 2005 "Water Quality Trading: Addressing Two Potential Impediments to Success" Paper
    - 2003 "Developing Offset Banking Systems in Georgia" working paper
  • Piasa Creek Watershed: Project: 2005 AWWA Journal  - 2008 NPDES Permit Notice  - Great Rivers LandTrust Website
  • Big Bureau Creek Watershed:
    - 2009-2011 Study Description
    - "Growing Wetlands for Clean Water" Factsheet
    - "Measuring a Test Market for Nutrient Farming" Factsheet
  • Iowa Market Feasibility Assessment Study: Three Project Sites - 1. Raccoon River Watershed, 2. Walnut Creek Watershed, 3. Boone River Watershed "The Allocation of Nutrient Load Reduction Across a Watershed: Assessing Delivery Coefficients as an Implementation Tool" Working Paper - Link to Journal Abstract
  • Kentucky River Watershed:
    - 2011 Paper: "Non-Point Source Abatement Costs in the Kentucky River Watershed"
    - 2009-2011 Study "Assessment of Market-based Water Quality Trading System for the Kentucky River Watersheds" (study still being done)
  • Draft Water Quality Trading Rules:
    - Water Quality Trading Rule Development Page
    - MPCA Phosphorus Strategy
  • Policy Study 265 "Environmental Flexibility in Action: A Minnesota Case Study"
  • 2011 Watson Partners and the Southern Minnesota Sugar Beet Cooperative:
    - Phosphorus Trading "Farm of the Future" Project
  • Minnesota River Basin: General Phosphorus Permit Phase 1
  • MN Water Quality Trading Rules:
    - 2009 Kieser & Associates Report "A Scientifically Defensible Process for the Exchange of Pollutant Credits under Minnesota's Proposed Water Quality Trading Rules" 
  • USDA Conservation Innovation Grant:
    - 2006 "Improving Conservation and Agricultural Economics with Water Quality Credit Trading and the BMP Challenge" BMP Challenge
    - Preliminary White Draft Paper MN Agricultural Participation in Credit Trading
  • Lower Minnesota River:
    - 2006 Article "Pollutant Trading to Improve Riparian Habitat"
    -  Rahr Malting: Program Description ; Watershed-based Permitting Case Study: Final Permit EPA Fact sheet  
  • Minnesota River: 2004 Summer Low Flow DO TMDL Report
  • Vermillion River:
    - Targeted Watershed Grand "Thermal Credit Trading System" webpage (includes links to Project findings and methods)
    - 2008 Maps of Thermal Credit Potential
    - 2007 Paper "Thermal trading in a Local, State, and Federal Regulatory Context: the Vermillion River" 
  New Jersey
  New York
  North Carolina
  • Legislation:
    - Water Quality Trading Rules
    - Ohio EPA Water Quality Trading Website
  • Great Miami River Watershed:
    - Water Quality Credit Trading Program page
    - Miami Conservancy District: Improving Water Quality Demonstration Projects page
    - Preliminary Economic Analysis Study
    - 2005 Water Quality Trading Program Operations Manual
    - Report: "An Economic Comparison of USDA-NRCS EQIP Payments and Water Quality Trading in the Great Miami River Watershed in Ohio"
  • Little Miami River:
    - Description
    - Clermont County EPA
    Proposal and News Release
  • Sugar Creek Watershed:
    - 2011 Article: Alpine Cheese Water Quality Trading Project Proves Successful 
    - Alpine Cheese Phosphorus Nutrient Trading Program 2006 Trading Plan
  • Shepherd Creek:
    - Research: "Using Economic Incentive to Manage Storm water Runoff" Part 1 and Evaluation
  • Ohio River Basin:
    - EPRI Ohio River Basin Webpage
    - Power Facilities Map
  • Legislation: DEP Nutrient Trading webpage and policy/guidelines
  • Pennsylvania Water Quality Trading: NutrientNet Online Trading Marketplace
  • DEP News Releases:
    - 2006 Article: State's Nutrient Trading Program Garnering Attention
    - 2006 Article:  First Credit Sale
  • Nutrient Credit Trading for Watershed Improvement: 2003 PA Discussion Paper
  • DEP Chesapeake Bay Webpage: includes links to "Trading of Nutrient and Sediment Reduction Credit: Policy and Guidelines", information from the trading workgroup and all documents related to the Chesapeake Bay. 
  • Conestoga Watershed: Nutrient Trading Pilot Project
  • 2009 CCX Final Report: Outline for PENNVEST's Role as Nutrient Credit Clearinghouse in Pennsylvania's Water Quality Nutrient Credit Market. To request this publication, contact Michael Walsh (Exec. VP) or Jeffery O'Hara (Economist).
  • 2008 Chesapeake Bay Tributary Stategy Compliance Cost Study
  • 2007 Article: Ready to Trade: PA Approves Policy to Exchange Nutrients
  • 2006 Primer on Water Quality Trading in the Mid Atlantic Region
  • Lawsuit: Borough of Bedford et al. v. Commonwealth of Pennsylvania
  • Legislation:
    - VPDES Watershed General Permit for nutrient Discharges to the Chesapeake Bay: Webpage
    - DEQ Chesapeake Bay Program: Webpage
  • Nutrient Credit Exchange Study
  • Nutrient Credit Exchange Association, Inc. Page
  • 2010 Chesapeake Bay TMDL Phase I Watershed Implementation Plan
  • 2009 Evaluation: "Nutrient Trading Options in Virginia: A Role for Agriculture"
  • 2005 Report: "Chesapeake Bay Nutrient and Sediment Reduction Tributary Strategy for the James River, Lynnhaven, and Poquoson Coastal Basin"
  • 2010 Draft Water Quality Trading Framework Paper 
  • 2011 Water Quality Trading Program Update
  • Spokane River Watershed:
    - 2010 Spokane River and Lake Spokane Dissolved Oxygen Total Maximum Daily Load Water Quality Improvement Report - Publication Summary
    - 2005 Water Quality Trading Suitability Analysis Final Report
  West Virginia
  • Potomac River Watershed:
    - Water Quality Bank and Trade Program Webpage (includes links to 2008 Draft Trading Guidance Documents)
    - 2008 "TMDL for Selected Streams in the Potomac Watershed" Final Report
    - Nutrient Trading in Potomac River Brochure
  • Cheat River:
    - EPA Document: Trading Framework and Water Quality Credits on Former Mine Lands
    - 2003 Document: "Completed and Future Projects and use of TMDL Trading" 
  • Coal River Watershed: 2006 TMDL for Selected Streams in the Coal Watershed" Final Report
  • WV Water Quality Nutrient Credit Trading Program Guidance Document
  • Red Cedar River: Wisconsin DNR Watershed Based Pollutant Trading Page (includes links to City of Cumberland Phosphorus Trading Progress Reports)
  • Fox-Wolf Lake Alliance:
    Program Description
    - Water Quality Credit Trading White Paper - prepared to guide and support the assessment of the feasibility of trading to assist with water quality improvement in the Fox River Watershed.
  • Rock River Partnership Webpage
  • 2002 Fourth Progress Report on the Trading of Water Pollution Credits - DNR Webpage 
  • Water Quality Trading Blog Site - provides information on the latest happenings related to water quality trading
  • Water Quality Trading Framework for Wisconsin 2011 Draft Report

 Interstate Trading Programs:                                                                                            

 Chesapeake Bay Program
 Ohio River Basin
  • Trading Pilot Project Main Page
  • 2011 Project Notice: Pilot Trades for Compliance with Nutrient Criteria and Greenhouse Gas Targets 
Website Builder