Louisiana Authorizes Establishment of WQT

June 27th, 2017

The Office of the Governor of Louisiana has released, through its States News Service in Baton Rouge, a notice of bills signed by LA Governor Edwards on 27 June 2017, including ACT 371 HB 423, which authorizes the secretary of the Louisiana Department of Environmental Quality to establish and administer a water quality trading program. See the Full Report.

Marshfield Wastewater Plant Considers Phosphorus Trading

June 26th, 2017

Jenessa Freidhof, Regional Editor of "The Country Today," reports that the Marshfield Wastewater Plant in Wisconsin is facing new phosphorus limits, expected to require 10 times the reduction from their current permit of phosphorus levels, cost more than $27 million upfront, and demand higher maintenance, operation, and potential use of chemicals to maintain the levels. Freidhof reports that "if the required numbers are as low as Warp is anticipating, the plant will have to start looking at alternatives to achieving the limits," including trading phosphorus credits with agriculture. Read the Full Article.

Localities Not Buying into Trading - for Now

May 20th, 2017

Whitney Pipkin reported for the Bay Journal on May 20, 2017 on how localities are waiting for better regulatory frameworks and ways to quantify credits before "buying in" to trading in Maryland. "Despite being touted as a less costly approach to curbing stormwater pollution, nutrient trading has yet to catch on among Chesapeake Bay localities. A recent report by the World Resources Institute and the Chesapeake Bay Foundation details the hurdles that are keeping the market-based approach from getting off the ground." Read the Full Article.

Iowa Considers Nutrient Credit Exchange to Address Water Quality Issues

April 03rd, 2017

Peak Johnson reports for Water Online (March 8, 2017): The State of Iowa is considering legislation to introduce a nutrient exchange which would allow treatment or manufacturing facilities that discharge pollution to pay farmers to reduce nutrient run-off from their land, giving the facilities more discharge flexible. Proponents argue the new laws could promote cooperation between urban and rural areas to reduce pollution, while opponents argue the bill would not reduce pollution while passing costs to the public. Read the Full Article.

Hogan Scales back Maryland Water Pollution Trading Proposal

February 15th, 2017

Pamela Wood reports from the Baltimore Sun that Gov. Hogan’s administration will scale back an ambitious proposal to jumpstart a pollution credit trading program as part of Maryland’s efforts to clean up the Chesapeake Bay. Read the Full Article.