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Get the free Water Quality Trading Market Structures - Great Lakes Commission

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Fox P Trade Advisory Group Webinar: Water quality trading in WADES permits: applications in the Lower Fox River MDL Watershed, Wisconsin. September 28, 2016 1Project Status Fox P Trade Total Project:
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How to fill out water quality trading market

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How to fill out water quality trading market

01
Identify the water quality parameters being traded in the market.
02
Determine the required permits or certifications to participate in the trading market.
03
Assess your current water quality situation and identify areas for improvement.
04
Develop a plan to implement measures to improve water quality.
05
Monitor and measure the effectiveness of the implemented measures.
06
Keep detailed records of the water quality improvement achieved.
07
Calculate the water quality credits earned based on the improvement.
08
Find potential buyers or sellers of water quality credits within the trading market.
09
Negotiate and enter into agreements for the buying or selling of water quality credits.
10
Report the transactions and results to the relevant regulatory authorities.

Who needs water quality trading market?

01
Industries or entities that produce wastewater or pollutants and want to offset their environmental impact.
02
Farmers or agricultural operations that want to implement practices to reduce nutrient runoff.
03
Municipalities or water treatment plants that want to improve water quality in their supply sources.
04
Non-profit organizations or environmental groups that advocate for water quality improvement.
05
Regulators or government agencies that want to encourage voluntary water quality improvement.
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Water quality trading market is a program that allows sources of water pollution to buy, sell, or trade credits for pollutant reductions.
Entities that are regulated and required to meet water quality standards are typically required to participate in water quality trading programs.
To fill out water quality trading market, entities need to track and report their pollutant reductions, as well as buy or sell credits to meet their regulatory requirements.
The purpose of water quality trading market is to provide a flexible, cost-effective approach to achieving water quality goals by allowing regulated entities to meet their requirements through trading credits.
Entities are required to report the amount of pollutant reductions achieved, the credits bought or sold, and any other relevant information pertaining to water quality trading.
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