Nutrient Trading in Lake Rotorua: Overview of a Prototype System

26 Pages Posted: 30 Jun 2008

See all articles by Kelly Lock

Kelly Lock

Motu Economic and Public Policy Research Trust

Suzi Kerr

Motu Economic and Public Policy Research Trust

Date Written: May 2008

Abstract

Water quality in Lake Rotorua has been declining for at least the last 30 years as increased levels of nutrients have entered the lake. Despite significant effort and expenditure, the level of nutrients entering the lake still exceeds sustainable levels. A nutrient trading system would help the catchment achieve this goal at least cost. Nutrient sources would bear the cost of their impact on water quality and hence take these costs into account in their decision-making. This paper presents a prototype nutrient trading system for achieving cost effective nutrient loss reductions for the Lake Rotorua catchment.

Keywords: water quality, nutrients, trading, Lake Rotorua

JEL Classification: Q53, Q57, Q58

Suggested Citation

Lock, Kelly and Kerr, Suzi, Nutrient Trading in Lake Rotorua: Overview of a Prototype System (May 2008). Available at SSRN: https://ssrn.com/abstract=1152096 or http://dx.doi.org/10.2139/ssrn.1152096

Kelly Lock (Contact Author)

Motu Economic and Public Policy Research Trust ( email )

Level 1, 93 Cuba Street
P.O. Box 24390
Wellington, 6142
New Zealand

Suzi Kerr

Motu Economic and Public Policy Research Trust ( email )

Level 1, 93 Cuba Street
P.O. Box 24390
Wellington, 6142
New Zealand
+64 4 383 4250 (Phone)
+64 4 383 4270 (Fax)

Register to save articles to
your library

Register

Paper statistics

Downloads
14
Abstract Views
328
PlumX Metrics