Potential Role of Trading in Water Area
Important factors affecting performance of current water quality trading in the US, including effects of each factor on trading activities in general, are presented in the previous chapter. This chapter aims to present the potential roles of trading based on experience with the current trading programs. The specific focus is on the performance from a number of selected trading programs which are active and successfully implemented. These programs are considered successful based on two objectives of the trading roles of as to whether or not they achieve a desired water quality cheaper (cost-effectiveness) and/or faster (in a desirable duration), listed in Table 4.1.
KeywordsNonpoint Source Credit Trading Irrigation District Total Maximum Daily Load Bilateral Negotiation
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