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Nutrient Trading Update: Enhancing Water Quality Through Cooperative Efforts

On June 7, 2007, key stakeholders gathered to discuss the integration of nutrient trading within state water quality regulations. The meeting focused on the importance of transparency, accountability, and defensibility in water quality trading programs, highlighting their dependence on local regulations and economic motivations. With insights on credible program elements, public participation, and compliance measures, the session underscored the need for effective trading strategies to meet the Clean Water Act's standards. Moving forward, the emphasis will be on cooperation and developing common protocols among states.

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Nutrient Trading Update: Enhancing Water Quality Through Cooperative Efforts

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  1. Nutrient Trading Update State Directors Meeting June 7, 2007

  2. Where Trading fits within the CWA: WQSwater body specific Secondary Treatment Standards or Effluent Limitations Guidelines(ELGs) Designated Uses WQC Anti-degradation TMDLs WLA WQBELS TBELs LA Permit

  3. Formula for Water Quality Trading: • Trading is: • DRIVEN by regulation • MOTIVATED by economics • GOVERNED by local trading rules • BUILT on trust But….. TRADING MAY NOT BE VIABLE EVERYWHERE AND FOR EVERY SITUATION.

  4. WQ Trading Keys to Success: • Transparency: • Keep the public informed at every step of the process. • Real Reductions: • Show pollutant reductions and water quality improvement. • Accountability: • Manage the program effectively. • Defensibility: • Base the program on sound science and protocol. • Enforceability: • Establish responsibility for meeting water quality standards.

  5. Common Elements of a Credible Trading Program: • Legal Authority • Unit of trade • Timing of Credits • Managing Uncertainty • Compliance and Enforcement • Record-keeping • Certifications • Monitoring • Reporting • Inspections

  6. Common Elements of a Credible Trading Program: • Public Participation • TMDL process • Permits process • Public website • Program Evaluations “However beautiful the strategy, you should occasionally look at the results.” Winston Churchill, 1874-1965

  7. NATIONAL PICTURE:

  8. STATE TRADING PROGRAMS: • Point sources can buy and sell in all programs. • 8 out of 9 state programs include trades involving NPS. NPS as buyer & seller NPS as last resort NPS as seller PS only Connecticut Virginia Florida Idaho Michigan Ohio Oregon Pennsylvania Colorado

  9. Region 3 State Trading Programs- Quick View

  10. Regional Interstate WQ Trading Workgroup: • Purpose: “ …develop additional regional water quality trading options to meet CWA water quality requirements faster and more efficiently .”

  11. Significant Facilities in the Potomac:

  12. Significant Facilities in the Potomac:

  13. Regional Interstate Trading Workgroup: • Membership • Products • CB Watershed states’ WQ Trading comparison chart. • draft Partnership Agreement among EPA, NRCS, PA, MD,VA, VW, DC and ICPRB. • draft Potomac River Basin Nutrient Trading: An Interstate Approach/ Work Plan.

  14. Partnership Agreement Highlights: • Coordinate Partners’ policies and activities to promote WQ credit trading related to interstate trading. • Identify program and project activities to support the use of WQ credit trading within the context of watershed planning, including related natural resource issues. • Develop common definitions, common standards and measurement protocols related to interstate trading. • Explore barriers to WQ trading and develop solutions to over come them.

  15. Next Steps/ Questions: • Continue cooperation and expand WQ Trading compatibility among the states. • Continue monthly workgroup calls. • Begin detailing out the common elements of the Potomac River Basin Nutrient Trading project.

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