a multistate water quality trading tool for the chesapeake bay mindy selman stac june 7, 2011
DESCRIPTION
A Multistate Water Quality Trading Tool for the Chesapeake Bay Mindy Selman STAC June 7, 2011. Goal. Build a single multistate WQT platform ( NutrietnNet ) that will accommodate: Interstate trading Unique elements of state programs. Benefits. Align infrastructure Facilitate trades - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: A Multistate Water Quality Trading Tool for the Chesapeake Bay Mindy Selman STAC June 7, 2011](https://reader036.vdocuments.net/reader036/viewer/2022081604/568156ca550346895dc45cce/html5/thumbnails/1.jpg)
A Multistate Water Quality Trading Tool for the
Chesapeake Bay
Mindy Selman STAC
June 7, 2011
![Page 2: A Multistate Water Quality Trading Tool for the Chesapeake Bay Mindy Selman STAC June 7, 2011](https://reader036.vdocuments.net/reader036/viewer/2022081604/568156ca550346895dc45cce/html5/thumbnails/2.jpg)
Goal
Build a single multistate WQT platform (NutrietnNet) that will accommodate:
• Interstate trading
• Unique elements of state programs
![Page 3: A Multistate Water Quality Trading Tool for the Chesapeake Bay Mindy Selman STAC June 7, 2011](https://reader036.vdocuments.net/reader036/viewer/2022081604/568156ca550346895dc45cce/html5/thumbnails/3.jpg)
Benefits
• Align infrastructure
• Facilitate trades• Standard basis for
determining credits
• Facilitate updates
![Page 4: A Multistate Water Quality Trading Tool for the Chesapeake Bay Mindy Selman STAC June 7, 2011](https://reader036.vdocuments.net/reader036/viewer/2022081604/568156ca550346895dc45cce/html5/thumbnails/4.jpg)
Tool Components
• Multistate registry
• Marketplace• Farm Profit Calculator
• Calculation tool that
integrates NTT
• Interactive farm-level
mapping
![Page 5: A Multistate Water Quality Trading Tool for the Chesapeake Bay Mindy Selman STAC June 7, 2011](https://reader036.vdocuments.net/reader036/viewer/2022081604/568156ca550346895dc45cce/html5/thumbnails/5.jpg)
Development Challenges
• State programs in flux (WV and VA)
• No state program (DE)
• Accomodating different state approaches
• e.g. baseline (practice vs. performance)
• Vision of Interstate trading
![Page 6: A Multistate Water Quality Trading Tool for the Chesapeake Bay Mindy Selman STAC June 7, 2011](https://reader036.vdocuments.net/reader036/viewer/2022081604/568156ca550346895dc45cce/html5/thumbnails/6.jpg)
Challenges to Reciprocity
• Trading ratios
• Baselines
• Stringency
• Certification/Verification
• Types of projects credited (e.g. manure export)
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Project Implications
• Certainty programs
Use tool to assess baseline
conditions
• National NTT applicationEcosystem markets
Conservation programs