Water Quality Trading Memorandums
The memo reiterates EPA’s strong support for water quality trading and other market-based programs to maximize pollutant reduction efforts and improve water quality. Additionally, the memo provides additional guidance to states, tribes and stakeholders regarding the use of market-based programs to reduce water pollution at lower overall cost and incentivizes implementation of technologies and land use practices that reduce nonpoint pollution in our Nation’s water.
The memo is part of a series of actions that EPA and its federal partners are taking to support stakeholders and local conservation and water quality improvement. The Next Steps in EPA’s Nutrient Engagement document lists the actions that have already taken place and those planned in the near term.