Water Quality Credit Trading and the Pollutant Trading Policy Advisory Committee
Water Quality Credit Trading Rulemaking
What is Water Quality Credit Trading?
Water quality credit trading (sometimes referred to as "pollutant trading") is an innovative approach to achieve water quality goals more efficiently. Trading is based on the fact that sources in a watershed can face very different costs to control the same pollutant. Trading programs allow facilities facing higher pollution control costs to meet their regulatory obligations by purchasing environmentally equivalent (or superior) pollution reductions from another source at lower cost, thus achieving the same water quality improvement at lower overall cost.
How Does Water Quality Credit Trading Work?
While trading can take many different forms, the foundations of trading are that a water quality goal is established and that sources within the watershed have significantly different costs to achieve comparable levels of pollution control.
Where Will Water Quality Credit Trading Work?
Where watershed circumstances favor trading, it can be a powerful tool for achieving pollutant reductions faster and at lower cost. Water quality credit trading will not work everywhere, however. Trading works best when:
What is the Pollutant Trading Policy Advisory Committee (PAC)?
The PAC was established to assist the Department in developing a water quality credit trading program and rule in Florida. PAC members represent different stakeholder groups that have are involved in the implementation of TMDLs to restore the health of impaired waters.
PAC Background Information Documents
Water Quality Credit Trading Links
Section 403.067, Florida Statutes (145 KB)
Lower St. Johns River Basin Management Action Plan (October 2008 - 4.2 MB)
Last updated: September 21, 2011
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