An Evaluation of the Virginia Nutrient Credit Trading Program

Kurt Stephenson, Stephen Aultman and Leonard Shabman

No 21071, 2006 Annual meeting, July 23-26, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Federal and state regulatory agencies frequently support and encourage the use of market-based effluent trading to achieve social water quality goals. This paper evaluates the design of the recently approved Virginia Nutrient Trading Program. The cost implications of setting a near limit of technology point source cap and requiring new and expanding sources to meet specific technology-based performance standards are examined.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 17
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea06:21071

DOI: 10.22004/ag.econ.21071

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