The Chesapeake Bay Total Maximum Daily Load (TMDL) completed by the U.S. Environmental Protection Agency in December 2010 provides a new driver for water quality credit trading as pollution is capped, new sources are offset, and current sources are reduced.
The CB EMT developed a discussion paper examining some of the issues and considerations regarding eligibility requirements for landowners who may wish to generate credits for sale in a water quality market related to the Chesapeake Bay TMDL:
Considerations for Baseline Eligibility applied to Water Quality Credit Programs implemented under a Chesapeake Total Maximum Daily Load (TMFL).
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