the visible hand

it is the theory which decides what can be observed – einstein

Ecosystem Marketplace: Cap and Trade on the Willamette?

Posted by ecoshift on September 18, 2007

Pollution may go to market:
Under ‘cap and trade’ plan, firms could pay for restoration projects to compensate for wastewater
By Lee van der Voo
The Portland Tribune, Sep 18, 2007

It seemed like a good way to save $150 million.

By paying farmers to plant trees, a wastewater treatment utility in Washington County avoided building a massive refrigeration system, instead using shade to cool water in the Tualatin River.

Now that same utility, Clean Water Services, is aiding a study — paid for by the Environmental Protection Agency — of a “cap-and-trade” program for the Willamette River.

The proposed program, called the Ecosystem Marketplace, aims to allow businesses and public utilities to curb pollution by buying into habitat restoration instead of paying for expensive, sometimes unsuccessful technology.

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2 Responses to “Ecosystem Marketplace: Cap and Trade on the Willamette?”

  1. A new video just released on Terra Rossa features retired four star general, Charles Wald, President George H.W. Bush’s EPA director, and a successful venture capitalist. Cap. Trade. Grow. illustrates the successes of a system that rejects higher taxes, big government subsidies, and inflexible regulations. Instead, these leaders promotes a market-based answer to key economic, national security, and environmental challenges.

    Cap. Trade. Grow. is a ten minute film that may change the way many people look at these issues.

  2. ecoshift said

    Thanks for the link. Glad to see someone is putting the “conserve” back in conservative.

    I’m sure you are aware that there are some criticisms of the cap and trade concept — among them the fact that cap and trade is based on establishing “acceptable” targets that permit continued pollution and extend inequities between the developed world and emerging markets.

    Here’s a couple of links.

    carbon trading won’t work – la times
    https://ecoecon.wordpress.com/2007/05/15/carbon-trading-wont-work-la-times/

    A New Agenda for Global Warming
    https://ecoecon.wordpress.com/2007/04/15/a-new-agenda-for-global-warming/

    I’d be interested in your comments…

    ~e

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