|
Pennsylvania’s Major Watersheds Section 96.8 - Trading Regulation |
Nutrient
trading is a market-based program that provides incentives for entities
to create nutrient reduction credits by going beyond statutory, regulatory
or voluntary obligations and goals to remove nutrients from a watershed.
The credits can be traded to help others more cost effectively meet their
obligations or goals. The primary purpose of the Nutrient Credit Trading
Program is to provide for more efficient ways for National Pollutant Discharge
Elimination System (NPDES) permittees to meet their effluent limits for
nutrients. Currently, the focus of the program is on the Chesapeake Bay
Watershed. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
News |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The Department
has received a request from the Antrim Township for use of credits generated
in a river basin other than the river basin in which the credit user is
located. The proposal can be accessed at http://www.dep.state.pa.us/river/nutrienttrading/news/docs/AntrimTownshipRequestforApprovalInterBasin The Department is requesting comment on Antrim Township’s request. Interested persons must submit written comments by October 24, 2012. The Department will accept comments submitted by e-mail, but comments submitted by facsimile will not be accepted. A return name and address must be included in each e-mail transmission. Written comments should be submitted to: Brian Schlauderaff The PENNVEST Nutrient Credit Clearinghouse Auction Schedule for the 2011 -2012 Compliance Year is as follows:
The Department has received a request from
the Borough of Chambersburg for use of credits generated in a river basin
other than the river basin in which the credit user is located. The proposal
can be accessed at http://www.dep.state.pa.us/river/nutrienttrading/news/docs/ChambersburgRequestforApprovalInterBasin The Department is requesting comment on Chambersburg’s request. Interested persons must submit written comments by June 4, 2012. The Department will accept comments submitted by e-mail, but comments submitted by facsimile will not be accepted. A return name and address must be included in each e-mail transmission. Written comments should be submitted to: Veronica Kasi PENNVEST held a “forward” auction on March 21, 2012 for the sale and purchase of nutrient credits in the Susquehanna and Potomac watersheds. The public results are as follows:
For additional information please visit: http://www.pennvest.state.pa.us/portal/server.pt/community/nutrient_credit_trading/19518
or |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The information outlined on this website is intended to supplement existing requirements. Nothing on this site shall affect regulatory requirements. The information herein is not an adjudication or a regulation. There is no intent on the part of the Department to give the information on this website that weight or deference. This information establishes the framework, within which the Department will exercise its administrative discretion in the future. The Department reserves the discretion to deviate from this statement if circumstances warrant. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P.O.
Box 8465 400 Market Street, 11th Floor Harrisburg, PA 17105-2063 Phone: (717) 772-4785 Fax: (717) 783-4690 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||