Water Quality Trading

{
  "id": "MLC-T-ENV-030098",
  "term": "Water Quality Trading",
  "field": "Environment",
  "definition": "An innovative approach to achieve water quality goals more efficiently. 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. 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.",
  "references": [
    "NPDES Permit Writers Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/water-quality-trading/"
}