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Registros recuperados: 5
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Nutrient Trading, the Flush Tax, and Maryland's Nitrogen Emissions to the Chesapeake Bay AgEcon
Hanson, James C.; McConnell, Kenneth E..
We investigate nutrient trading for point and non-point sources for the Bay Restoration Fund in Maryland. We demonstrate how to use the proceeds from the tax revenue to mimic trading high-cost upgrades of sewage treatment plants for low-cost winter cover crops. Under an optimistic assumption about costs for non-point sources, we calculate that abatement could be increased by more than 50%, while in a pessimistic scenario, abatement could be increased by 2%. We also explore the role of uncertainty in determining the appropriate trading ratio between point and non-point sources of pollution, showing that the higher uncertainty associated with non-point sources should induce a lower trading ratio.
Tipo: Working or Discussion Paper Palavras-chave: Chesapeake Bay; Cover crops; Nitrogen abatement; Nutrient trading; Sewage treatment plants; Trading ratios; Water pollution; Environmental Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/7343
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Agricultural Nutrient Nonpoint Source Credits: A Comparison of State Crediting Procedures AgEcon
Latane, Annah; Stephenson, Kurt.
This paper compares agricultural nonpoint source crediting procedures between the Pennsylvania and Virginia nutrient trading programs. Differences in farm-level credit production across states will be evaluated for agricultural operations, holding nutrient reduction technologies constant. The implications for the agricultural sector and water quality are discussed.
Tipo: Conference Paper or Presentation Palavras-chave: Nutrient trading; Credits; Agriculture; Nonpoint; Environmental Economics and Policy; Q53; Q58.
Ano: 2011 URL: http://purl.umn.edu/98823
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Trading efficiency in water quality markets AgEcon
McDonald, Hugh J.; Kennedy, Marianna; Ngawhika, Simon; Kerr, Suzi.
A crucial factor in the success of any water quality trading market is its ability to cost-effectively reallocate nutrient allowances from initial holders to those users who find them most valuable; the market's trading efficiency. We explore causes of and solutions to trading inefficiency by assessing the impact on participant transaction costs and the tradeoffs that occur as a result of policy design decisions. Differing impacts of baseline-credit and cap-and-trade markets, the impact of trading rules and monitoring regimes are discussed in this endeavour. Possible solutions of increased information flows and regulatory certainty are also discussed. We then apply this framework to three existing water quality trading schemes; two from the US, and one...
Tipo: Conference Paper or Presentation Palavras-chave: Nutrient trading; Trading efficiency; Water quality markets; Transaction costs; Community/Rural/Urban Development; Environmental Economics and Policy; Health Economics and Policy; International Relations/Trade.
Ano: 2010 URL: http://purl.umn.edu/96949
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Simulated Trading for Maryland's Nitrogen Loadings in the Chesapeake Bay AgEcon
Hanson, James C.; McConnell, Kenneth E..
We investigate nutrient trading for point and non-point sources for the Bay Restoration Fund in Maryland. We demonstrate how to use the proceeds from the tax revenue to mimic a market by trading high-cost upgrades of sewage treatment plants for low-cost winter cover crops. Under an optimistic assumption about costs for non-point sources and naïve assumptions about the lag from planting cover crops to changes in nitrogen load, we calculate that 100 percent of abatement could be achieved at 56 percent of total costs, while in a pessimistic scenario, 100 percent of abatement could be could be achieved at 83 percent of total costs.
Tipo: Journal Article Palavras-chave: Chesapeake Bay; Cover crops; Nitrogen abatement; Nutrient trading; Sewage treatment plants; Trading ratios; Water pollution; Environmental Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/45669
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Examining the Effects of Ecological and Political Boundaries on the Potential for Water Quality Trading: Lessons from a Southeastern Trading Framework AgEcon
Keiser, David A.; Mullen, Jeffrey D.; Bergstrom, John C.; Smith, Nathan B.; Radcliffe, David E.; Risse, Mark L.; Fowler, Laurie A..
Water quality trading (trading) as a means to improve water quality has become an increasingly popular instrument considered by environmental policy makers. Although the U.S. Environmental Protection Agency lists more than forty current trading programs in the U.S., only a few active markets exist. The literature identifies several hurdles to trading, overcoming which requires a deeper understanding of the interaction between local environmental, legal, and economic conditions. Particular challenges include thin markets, uncertainty related to the course and fate of nutrient flows, varying degrees of political support, and high transaction costs related to market infrastructure, monitoring, and enforcement. These hindrances often arise from and...
Tipo: Conference Paper or Presentation Palavras-chave: Water quality trading; Phosphorus trading; Nutrient trading; Water pollution; Pollution markets; Environmental Economics and Policy; Land Economics/Use; Public Economics.
Ano: 2009 URL: http://purl.umn.edu/49323
Registros recuperados: 5
Primeira ... 1 ... Última
 

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