Comments on: Could Cap-And-Trade Work For Water? http://www.environmentalleader.com/2007/08/27/could-cap-and-trade-work-for-water/ Environmental Leader Thu, 24 May 2012 16:26:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Evan Pilkington http://www.environmentalleader.com/2007/08/27/could-cap-and-trade-work-for-water/comment-page-1/#comment-95259 Evan Pilkington Tue, 09 Dec 2008 04:51:52 +0000 http://www.environmentalleader.com/2007/08/27/could-cap-and-trade-work-for-water/#comment-95259 Volumetric offset credit for water is currently being delivered on an industrial scale, see www.waterlossinitiative.org for an example of a not-for-profit credit generating mechanism. Regulation and verification are essential to the value and can be assured through support of appropriate delivery mechanisms such as this one where accurate quantification of the volume of water recovered for credit is a required function of their core deliverable. Volumetric offset credit for water is currently being delivered on an industrial scale, see http://www.waterlossinitiative.org for an example of a not-for-profit credit generating mechanism.

Regulation and verification are essential to the value and can be assured through support of appropriate delivery mechanisms such as this one where accurate quantification of the volume of water recovered for credit is a required function of their core deliverable.

]]> By: Mike Sandler http://www.environmentalleader.com/2007/08/27/could-cap-and-trade-work-for-water/comment-page-1/#comment-8021 Mike Sandler Mon, 27 Aug 2007 17:17:29 +0000 http://www.environmentalleader.com/2007/08/27/could-cap-and-trade-work-for-water/#comment-8021 You need a cap first. There should be no trading without a cap. The cap is what drives the market. This voluntary market stuff will not get us where we need to go. Water pollution can easily lead to toxic hot spots, and they will likely be in areas where regulatory enforcement is weak. So, we will be exporting our pollution, rather than reducing it. I believe in the power of markets, but only under certain circumstances. It is important to drop the ideology around markets, look at them critically, and learn from past mistakes. Another important point is who owns the Commons. If you answer this question, then you will create markets that protect the Commons, and distribute the revenues to the people, equally, rather than creating markets to benefit the Enrons of the world. -Mike Sandler www.carbonshare.org You need a cap first.
There should be no trading without a cap.
The cap is what drives the market. This voluntary market stuff will not get us where we need to go.

Water pollution can easily lead to toxic hot spots, and they will likely be in areas where regulatory enforcement is weak. So, we will be exporting our pollution, rather than reducing it.

I believe in the power of markets, but only under certain circumstances. It is important to drop the ideology around markets, look at them critically, and learn from past mistakes.

Another important point is who owns the Commons. If you answer this question, then you will create markets that protect the Commons, and distribute the revenues to the people, equally, rather than creating markets to benefit the Enrons of the world.

-Mike Sandler
http://www.carbonshare.org

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