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Lessons about Effluent Trading from a Single Trade
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In this article, the authors discuss a single trade that recently took place in the Lake Dillon drainage basin between point and non-point pollution sources, which demonstrates many of the challenges that are faced in effluent trading but also highlights the potential efficiency gains that can be achieved through such programs.Abstract:
Despite many years of existence, programs that allow transferable discharge permits to control water pollution have had quite limited success. This paper discusses a single trade that recently took place in the Lake Dillon drainage basin between point and nonpoint pollution sources. This trade demonstrates many of the challenges that are faced in effluent trading but also highlights the potential efficiency gains that can be achieved through such programs.read more
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Handbook of operations research in natural resources
TL;DR: In this paper, a model for the Space-Time Spread of Pine Shoot Moth is presented, along with an integrated approach to the long-term planning process in the copper mining industry.
Journal ArticleDOI
Point-nonpoint source water quality trading: a case study in the Minnesota River Basin
TL;DR: In this paper, two trading projects in the Min- nesota River Basin, created under the provisions of National Pollutant Discharge Elimination System (NPDES) permits, have generated five major trades and numerous smaller ones.
Posted Content
Organic Demand: A Profile of Consumers in the Fresh Produce Market
TL;DR: A cursory look is presented at the data to examine whether any notable changes have occurred after NOP by comparing household purchases of fresh produce in 2001 and 2004 and to determine the characteristics of organic consumers, what they buy, how much they spend, and the price premiums they pay for organic produce.
Journal ArticleDOI
Achieving Nutrient Water Quality Goals: Bringing Market-Like Principles to Water Quality Management
TL;DR: In this paper, the authors describe the general features and advantages of market-like trading programs and offer practical suggestions for bringing marketlike design concepts to nutrient trading programs within the existing legal and regulatory setting.
Journal ArticleDOI
Rhetoric and Reality of Water Quality Trading and the Potential for Market‐like Reform1
TL;DR: Stephenson, Kurt and Leonard Shabman as discussed by the authors argue that current approaches to water quality trading are a cost-effective, politically practical innovation for achieving water quality standards, in part by addressing one of the most difficult water quality improvement challenges.
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The Theory of Environmental Policy
TL;DR: In this article, Baumol and Oates provide a rigorous and comprehensive analysis of the economic theory of environmental policy and present a formal, theoretical treatment of those factors influencing the quality of life.
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Markets in licenses and efficient pollution control programs
TL;DR: In this paper, Arrow has demonstrated that when externalities are present in a general equilibrium system, a suitable expansion of the commodity space would lead to Pareto optimality by bringing externalities under the control of the price system.
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Environmental and Natural Resource Economics
TL;DR: In this article, the authors define the concept of sustainable development as "the allocation of Depletable, Non-recyclable Energy Resources: Oil, Gas, Coal and Uranium".
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