Number: RS21403
Title: EPAs Water Quality Trading Policy
Authors: Claudia Copeland, Resources, Science, and Industry Division 
Abstract: On January 13, 2003, the EPA announced a Water Quality Trading Policy intended as an innovative approach to assist industry and municipalities in meeting Clean Water Act obligations. Trading allows one source to meet regulatory requirements by buying credit for pollutant reductions from another source that has lower pollution control costs. The new policy is generally supported by industry groups, state and local governments, and agriculture groups. Environmental groups are split on the concept. Congress has conducted some oversight of water quality trading and could continue doing so as the new policy is implemented. Legislation to codify a water trading policy in the Clean Water Act could be considered, as well. This report provides background on water quality trading and the EPA policy.
Pages: 6
Date: Updated January 29, 2003