Nutrient Trading in Lake Rotorua: Goals and Trading Caps
39 Pages Posted: 30 Jul 2007
Date Written: July 2007
For a nutrient trading system to achieve the desired environmental outcome, or goal, this outcome needs to be translated into nutrient flows and allowances. To connect the nutrient loss provided for under the allowances with the environmental goal, a number of decisions need to be made. These decisions will shape the nutrient trading system. This paper looks at the information and analysis needed to ultimately define allowances and set trading caps for a nutrient trading system.
Keywords: Water quality, nutrients, trading, Lake Rotorua
JEL Classification: Q53, Q57, Q58
Suggested Citation: Suggested Citation