[Durham INC] Stormwater market

[Janet Martell]

Trading credits is a very bad way to control pollutants, whether it's runnoff or carbon - rather than requiring or encouraging everyone to reduce through tax and regulation, it locks you in to an "acceptable" level of pollution and guarantees you will get no less than that, because if some are doing better, others can purchase permission to do worse.

Jan Martell
Cleveland-Holloway


On Mar 20, 2016, at 9:52 PM, Pat Carstensen wrote:

> I have some serious doubts about making a market in stormwater improvements (like how do you make sure the rain garden is still capturing 10 years from now, when the parking lot it still shedding it) and the legislature would probably never let us do this, but it is an interesting idea:
> 
> http://www.citylab.com/cityfixer/2016/03/stormwater-runoff-credits-nature-conservancy-washington-dc/473700/
> 
> D.C.'s Stormwater Retention Marketplace Turns Runoff Into ...
> www.citylab.com
> CityFixer Turning Stormwater Runoff Into Everyone's Business. D.C.’s marketplace for stormwater retention credits wasn't taking off, but a new investment could ...
> 
> 
> 
> 
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