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EXPLORING NON-TRADITIONAL PARTICIPATION AS AN APPROACH TO MAKE WATER QUALITY TRADING MARKETS MORE EFFECTIVE.
Journal of the American Water Resources Association ( IF 2.4 ) Pub Date : 2018-04-14 , DOI: 10.1111/1752-1688.12648
Matthew T Heberling 1 , Hale W Thurston 2 , Christopher T Nietch 3
Affiliation  

Water quality trading (WQT) has the potential to be a low‐cost means for achieving water quality goals. WQT allows regulated wastewater treatment plants (WWTPs) facing discharge limits the flexibility to either reduce their own discharge or purchase pollution control from other WWTPs or nonpoint sources (NPSs) such as agricultural producers. Under this limited scope, programs with NPSs have been largely unsuccessful at meeting water quality goals. The decision to participate in trading depends on many factors including the pollution control costs, uncertainty in pollution control, and discharge limits. Current research that focuses on making WQT work tends to identify how to increase participation by traditional traders such as WWTPs and agricultural producers. As an alternative, but complementary approach, we consider whether augmenting WQT markets with nontraditional participants would help increase the number of trades. Determining the economic incentives for these potential participants requires the development of novel benefit functions requiring not only economic considerations but also accounting for ecological and engineering processes. Existing literature on nontraditional participants in environmental markets tends to center on air quality and only increasing citizen participation as buyers. Here, we consider the issues for broadening participation (both buyers and sellers) in WQT and outline a multidisciplinary approach to begin evaluating feasibility.

中文翻译:

探索非传统参与作为使水质交易市场更加有效的方法。

水质交易(WQT)有可能成为实现水质目标的低成本手段。WQT允许面临排放的受监管废水处理厂(WWTP)限制了灵活性,以减少自身排放或从其他WWTP或非点源(NPS)购买污染控制,例如农业生产者。在这个有限的范围内,采用NPS的计划在实现水质目标方面基本上是失败的。参与贸易的决定取决于许多因素,包括污染控制成本,污染控制的不确定性和排放限制。当前专注于使WQT起作用的研究倾向于确定如何增加诸如WWTPs和农业生产者之类的传统贸易商的参与。作为一种替代但又互补的方法,我们考虑使用非传统参与者扩大WQT市场是否会有助于增加交易数量。为这些潜在参与者确定经济诱因需要开发新颖的收益函数,这不仅需要经济方面的考虑,而且还需要考虑生态和工程过程。现有关于环境市场中非传统参与者的文献倾向于以空气质量为中心,而只是增加了公民作为购买者的参与。在这里,我们考虑了扩大WQT参与范围(买卖双方)的问题,并概述了开始评估可行性的多学科方法。为这些潜在参与者确定经济诱因需要开发新颖的收益函数,这不仅需要经济方面的考虑,而且还需要考虑生态和工程过程。现有关于环境市场中非传统参与者的文献倾向于以空气质量为中心,而只是增加了公民作为购买者的参与。在这里,我们考虑了扩大WQT参与范围(买卖双方)的问题,并概述了开始评估可行性的多学科方法。要确定对这些潜在参与者的经济激励措施,就需要开发新颖的收益函数,这不仅需要经济方面的考虑,而且还需要考虑生态和工程过程。现有关于环境市场中非传统参与者的文献倾向于以空气质量为中心,而只是增加了公民作为购买者的参与。在这里,我们考虑了扩大WQT参与范围(买卖双方)的问题,并概述了开始评估可行性的多学科方法。
更新日期:2018-04-14
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