After the success of the Acid Rain Program pollution trading became a more acceptable policy
in dealing with pollution problems. Trading of pollution credits and allowances helps to
achieve environmental goals faster and more co- effectively. Although for the past 20 years
water pollution trading had been in effect for as long as air pollution trading many water
quality trading programs ¿ as compared to air pollution trading programs ¿ lack success in the
implementation of trading. The motivation factor for my work came from an interest in learning
and understanding what the differences were that culminated in different levels of success
being achieved between water pollution trading programs and air pollution trading programs.
Moreover another incentive was not only to understand what the role of trading should be for
managing water quality but also how to better improve the water quality trading programs in
order to become successful. This book focuses on the examination of problems existing within a
mark- based system for water pollution control policy in the United States and provides
essential information for introducing market-based instruments for water quality management
presents general situations where trading may or may not work and offers a recommendation for
those interested in developing new water trading programs as a suitable option for solving
localized water pollution for ?ne-tuning the system after implementation and for overcoming
trading obstacles. The book is divided into 5 chapters.
