NOVEL AIR-WATER POLLUTANT TRADING PROGRAM COULD SERVE AS MODEL

California and Nevada environmental agencies are jointly developing the first-ever pollution trading program that involves cross-media trading between air and water sources, which observers say could serve as a model for developing similar trading programs in other states. The trading plan is part of a larger effort to develop a water pollution cap known as a total maximum daily load (TMDL) for nitrogen in Lake Tahoe. It could set the stage for air-to-water trading in other areas of the country...