Nutrient Abatement Credits
ARC’s dead. Moving on.
So here’s a cool thing. PA farmers have generated a pretty solid amount of nutrient abatement credits by taking means to combat different sources of non-point pollution. These steps are being taken to help prevent nutrient pollution in watersheds, primarily the Chesapeake Bay watershed.
David Thompson of the Sun Gazette writes:
Farmers install riparian forest buffers to filter out nutrients before they enter the waterway, fencing to keep livestock out of streams, no-till planting and cover crops to reduce soil erosion and other conservation practices to generate the credits.
The credits are generated by farmers through abatement methods like those discussed above, and then sold to industries that tend to add nutrients to water, like wastewater treatment facilities.
There are some regulations in place to help guide what does and doesn’t qualify for an abatement credit, though it’s still worth wondering how many pounds of nutrients have actually been abated, and how effective the credit trading scheme has been across different types of pollutants.
Provided the abatement program is properly monitored and regulated, it seems more or less like a win-win. Farmers get money for continued abatement, industry is encouraged to get in line in a way that is not overly economically damaging to them.
The individual counties earn some revenue from the auction of excess credits, but since this revenue is supposed to be directed towards “mak[ing] multiple trips to each farm, creat[ing] detailed spread sheets that calculate the credits, submit[ting] documentation to the DEP and respond[ing] to any questions the agency may have” to certify credits, it doesn’t sound likely that the counties make out with much of a net revenue gain.
I just hope that the program is adaquately enforced, and the threshhold for nutrient emissions is set low enough that treatment plants have an economic incentive to participate in the trading scheme, rather than emit anyway and pay any fines that would occur.