TY - CHAP AB - The paper reviews current experience with water quality trading programs and evaluates trading's potential as a future water quality management tool. The relative virtues of cap and trade (CAT) versus regulatory offset programs are discussed, as are administrative and technical barriers to trading. Several existing trade programs are discussed in detail. The article places particular emphasis on the relationship between water quality trading and watershed-based regulatory initiatives such as the total maximum daily load program. VL - 7 SN - 978-1-84950-507-9, 978-0-7623-1448-5/1569-3740 DO - 10.1016/S1569-3740(07)07016-2 UR - https://doi.org/10.1016/S1569-3740(07)07016-2 AU - Boyd James W. AU - Shabman Leonard A. AU - Stephenson Kurt ED - Jon D. Erickson ED - Frank Messner ED - Irene Ring PY - 2007 Y1 - 2007/01/01 TI - Trading as a U.S. Water Quality Management Tool: Prospects for a Market Alternative T2 - Ecological Economics of Sustainable Watershed Management T3 - Advances in the Economics of Environmental Resources PB - Emerald Group Publishing Limited SP - 385 EP - 407 Y2 - 2024/09/23 ER -