POLLUTION TRADING TO OFFSET NEW POLLUTANT LOADINGS -- A CASE STUDY IN THE MINNESOTA RIVER BASIN
Feng Fang and
K. Easter
No 22135, 2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
This paper investigates the economic and environmental cost-effectiveness of two point-nonpoint source water pollution trading projects under the NPDES framework in the Minnesota River Basin. It was found that while transaction costs were substantial, trades involving long lifetime structural nonpoint source controls could still offer cost savings to point sources.
Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 32
Date: 2003
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea03:22135
DOI: 10.22004/ag.econ.22135
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