 Point-Nonpoint Source Trading for Managing Agricultural Pollutant Loadings: Prospects for Coastal WatershedsDavid Letson, Stephen Crutchfield and Arun Malik No 308279, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service Abstract: A recent focus of water quality discussions has been the idea of “trading” cleanup efforts between pollution sources. Trading would allow a polluting firm to sponsor pollution controls elsewhere in a watershed rather than install controls of its own. Point-nonpoint trading takes place between two dissimilar firms, one, a point source, involving traceable pollution, and another, a nonpoint source, producing more diffuse pollution, such as runoff of agricultural chemicals from cropland. If nonpoint source pollution is significant and the cost of its control is lower than for additional point source controls, trading could achieve water quality goals at a lower cost. This analysis provides an initial, empirical assessment of the feasibility of trading for managing agricultural land use in coastal watersheds to protect water quality. Keywords: Environmental Economics and Policy; Research Methods/ Statistical Methods; Resource/Energy Economics and Policy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:308279 Access Statistics for this paper More papers in Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service Contact information at EDIRC. |
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