Water quality trading ebbs away again
Ever since the Newt Gingrich “Common Sense Revolution”, much ink has been spent on the alleged superiority of economic instruments over “command and control”. In theory, government cannot efficiently or effectively tell people what to do; instead, government should give people an economic …
View the post titled Water quality trading ebbs away againWater Quality Trading
An enthusiastic study on Water Quality Trading recommends using “cap and trade” to control phosphorus levels in the Lake Simcoe watershed. Lake Simcoe needs a major reduction in phosphorus loadings, even as population and climate change increase. The Lake Simcoe Protection Plan c…
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