Pennsylvania's Nutrient Credit Trading Program

Pennsylvania's Nutrient Credit Trading Program PDF Author: Pennsylvania. General Assembly. Joint Legislative Air and Water Pollution Control and Conservation Committee
Publisher:
ISBN:
Category : Chesapeake Bay Watershed
Languages : en
Pages : 8

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Pennsylvania's Nutrient Credit Trading Program

Pennsylvania's Nutrient Credit Trading Program PDF Author: Pennsylvania. General Assembly. Joint Legislative Air and Water Pollution Control and Conservation Committee
Publisher:
ISBN:
Category : Chesapeake Bay Watershed
Languages : en
Pages : 8

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Book Description


An Analysis of the Economic Incentives for Nonpoint to Point Nutrient Credit Trading in Pennsylvania

An Analysis of the Economic Incentives for Nonpoint to Point Nutrient Credit Trading in Pennsylvania PDF Author: Tony Weston Rice
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Nutrient credit trading in the Chesapeake Bay watershed provides agricultural producers an opportunity to implement conservation practices on their farms and receive economic benefits for nitrogen and phosphorus pollution reduction into the Bay watershed. This thesis explores the history of the trading program and synthesizes research gathered on the effectiveness of nutrient abatement efforts from nonpoint sources. Recent changes to the nonpoint-point trading ratios have disincentivized nonpoint source participation in the program. These changes were precipitated over concerns that the calculation methodology for nonpoint nitrogen and phosphorus reductions was insufficient in capturing true reductions from agricultural sources. Until new calculation procedures are developed, a 3:1 trading ratio has been implemented in the interim. Producer participation data indicates that the change has reduced enrollment in the trading program. In supplement to the nutrient trading initiative, cost-share conservation programs provide additional funding for agricultural producers to benefit from nutrient emission reduction efforts. This thesis further explores the effectiveness of cost-share programs, particularly when implemented on an agricultural operation also generating tradable nutrient credits. While the trading program is undergoing structural changes, it is likely that cost-share programs are more cost-effective in limiting nutrient runoff into the Bay watershed. Included are recommendations for greater funding for conservation cost-share programs to fuel farmer integration of best management practices from which they may economically benefit.

Nutrient Trading and Water Quality

Nutrient Trading and Water Quality PDF Author: United States. Congress. Senate. Committee on Environment and Public Works. Subcommittee on Water and Wildlife
Publisher:
ISBN:
Category : Nutrient pollution of water
Languages : en
Pages : 144

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Nitrogen Credit Trading as a Mechanism for Riparian Buffer Establishment on Pennsylvania Farmland

Nitrogen Credit Trading as a Mechanism for Riparian Buffer Establishment on Pennsylvania Farmland PDF Author: Patrick Boleman
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
Nutrient pollution from agricultural sources has been a large contributor to the decline in the health of the Chesapeake Bay. According to the Chesapeake Bay Programs (CBP) Watershed Model estimates, agricultural sources constitute 42% of the total nitrogen pollution entering the Bay as of 2014, the largest source by any sector. The Commonwealth of Pennsylvania continues to remain the largest contributor to nitrogen loading into the Chesapeake Bay of any state within the Bay watershed. In a recent report by the CBP, Pennsylvania agriculture is lagging behind other sectors in nitrogen pollution reduction. Vegetated riparian buffers are a common agricultural best management practice used to reduce runoff from adjacent upland fields resulting in the abatement of nutrient and sediment loading. Studies have shown riparian buffers to be effective at removing nitrogen loading from upland areas, such as from agricultural fields. Numerous programs have attempted to increase buffer establishment through a variety of mechanisms however other incentives must be implemented in order to meet buffer establishment goals set forth by the 2014 Chesapeake Bay Watershed Agreement.Nutrient credit trading has been proposed as a potential mechanism for reducing non-point source nutrient pollution entering the Chesapeake Bay such as from agriculture. Nitrogen credits are currently being traded in the Commonwealth of Pennsylvania, however non-point sources compose a small percentage of the total nitrogen credit supply. This study evaluated the ability of agricultural riparian buffers to produce nitrogen credits within the Pennsylvania Nutrient Credit Trading Program as a revenue generating mechanism to incentivize buffer adoption by Pennsylvania farmers. The variation in nitrogen credit trading profits from geographic location, buffer type and size, and farming practices were evaluated to determine the feasibility of nitrogen credit production as an adequate incentive for buffer establishment. Nitrogen credit trading was compared to alternative buffer incentive programs such as the Conservation Reserve Enhancement Program to assess the benefits and disadvantages of credit trading as an incentive.

Economics of the Environment

Economics of the Environment PDF Author: Robert N. Stavins
Publisher: Edward Elgar Publishing
ISBN: 1788972066
Category : Environmental policy
Languages : en
Pages : 779

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Book Description
Economics of the Environment, Seventh Edition is a compendium of the best, most timely articles by a dream team of environmental economists, together with an original introductory chapter by the editor. Now in its seventh edition, Economics of the Environment serves as a valuable supplement to environmental economics text books and as a stand-alone reference book of key, up-to-date readings from the field. Edited by Robert N. Stavins, the book covers the core areas of environmental economics courses as taught around the world; and the included authors are the top scholars in the field. Overall, more than half of the chapters are new to this edition while the rest have remained seminal works.

The Role of Water Quality Trading in Achieving Clean Water Objectives

The Role of Water Quality Trading in Achieving Clean Water Objectives PDF Author: United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Water Resources and Environment
Publisher:
ISBN:
Category : Nutrient pollution of water
Languages : en
Pages : 110

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Book Description


The Price of Climate Change

The Price of Climate Change PDF Author: Michael Curley
Publisher: CRC Press
ISBN: 1000441865
Category : Law
Languages : en
Pages : 106

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Book Description
The Price of Climate Change: Sustainable Financial Mechanisms presents a summary of the effects of global warming with specific emphasis on what these phenomena will cost and the price we must pay for trying to mitigate these processes. Some of these mitigation strategies include reducing our use of carbon by converting to non-carbon energy sources such as solar, wind, and nuclear, or lower-carbon sources such as natural gas. The book examines the financial implications of society adapting to the effects of climate change, including rising sea levels, extreme weather events, and desertification. Further, it addresses the costs to make buildings more resilient to climate change, such as flood considerations, improving durability against severe weather, bolstering insulation, and more. Sources of funding for any type of environmental projects, including those for climate change mitigation, are also examined. These include governmental budgets at the federal, state, and local levels, international development banks, international capital markets, and private funds. Features: Addresses global climate change issues from the standpoints of mitigation, adaptation, and resilience and the funding mechanisms for each. Describes different types of energy sources as well as their respective costs, including nuclear, solar, natural gas, and more. Examines the effects of agriculture on climate change as well as the potential ways it can be used to help mitigate the issue. The book’s straightforward approach will serve as a useful guide and reference for practicing professionals and can also be appreciated by the general public interested in climate change issues and mitigation strategies.

Digital Opportunities for Better Agricultural Policies

Digital Opportunities for Better Agricultural Policies PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264887857
Category :
Languages : en
Pages : 236

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Book Description
Recent digital innovations provide opportunities to deliver better policies for the agriculture sector by helping to overcome information gaps and asymmetries, lower policy-related transaction costs, and enable people with different preferences and incentives to work better together. Drawing on ten illustrative case studies and unique new data gathered via an OECD questionnaire on agri-environmental policy organisations' experiences with digital tools, this report explores opportunities to improve current agricultural and agri-environmental policies, and to deliver new, digitally enabled and information-rich policy approaches.

The Creation of Markets for Ecosystem Services in the United States

The Creation of Markets for Ecosystem Services in the United States PDF Author: Mattijs van Maasakkers
Publisher: Anthem Press
ISBN: 1783086041
Category : Architecture
Languages : en
Pages : 127

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Book Description
The Creation of Markets for Ecosystem Services in the United States is a detailed analysis of the most advanced efforts to create markets for ecosystem services in the United States. With the help of in-depth case studies of three well-known attempts to create such markets––in the Chesapeake Bay watershed, the Ohio River basin and the Willamette River basin––the book explains why very few of these markets have actually succeeded even after close to two decades of much scholarly enthusiasm, significant federal funding and concerted efforts by NGOs, government agencies and private businesses. Based on interviews, policy analysis and participatory observation, three features of markets for ecosystem services emerge as particularly problematic. First, the logic of displacement or the idea that particular elements of an ecosystem can be separated and traded across landscapes or watersheds runs counter to political interests, environmental beliefs and people's connections to specific places. The second problem is that of measurement. Quantification methods embed a range of often contentious assumptions and decisions about what counts when restoring ecosystems. The third problem is related to participation in environmental decision-making.

Water Quality and Agriculture

Water Quality and Agriculture PDF Author: James Shortle
Publisher: Springer Nature
ISBN: 3030470873
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
Water pollution control has been a top environmental policy priority of the world’s most developed countries for decades, and the focus of significant regulation and public and private spending. Yet, significant water quality problems remain, and trends for some pollutants are in the wrong direction. This book addresses the economics of water pollution control and water pollution control policy in agriculture, with an aim towards providing students, environmental policy analysts, and other environmental professionals with economic concepts and tools essential to understanding the problem and crafting solutions that can be effective and efficient. The book will also examine existing policies and proposed reforms in the developed world. Although this book addresses and has a general applicability to major water pollutants from agriculture (e.g., pesticides, pharmaceuticals, sediments, nutrients), it will focus on the sediment and nutrient pollution problem. The economic and scientific foundations for pollution management are best developed for these pollutants, and they are currently the top priorities of policy makers. Accordingly, the authors provide both highly salient and informative cases for developing concepts and methods of general applicability, with high profile examples such as the Chesapeake Bay, Lake Erie, and the Gulf of Mexico Dead Zone in the US; the Baltic Sea in Northern Europe; and Lake Taupo in New Zealand.