Using Markets To Help Clean Waterways

Virginia is taking the advice of economists and using markets to help clean waterways.

1 minute read

March 20, 2004, 5:00 AM PST

By Chris Steins @planetizen


Some policymakers think the power of markets can help cleanse the nation’s waterways of nutrient pollution. Marketlike trading has been touted as a cheaper way to stimulate pollution prevention and speed compliance. The Environmental Protection Agency in 2003 published guidelines for nutrient trading, which gave the idea official support. EPA even threw in funding for pilot projects. The Clean Water Act’s legal limits known as total maximum daily loads, TMDLs, are under development for polluted waters. Those load limits, for the first time, would set caps for pollution in waterways and allocate discharges that could be bought and sold.

Thanks to Chris Steins

Wednesday, March 10, 2004 in Federal Reserve Bank Of Richmond

Lake Powell with much of the water evaporated.

Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River

Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.

October 30, 2026 - Yale Environment 360

A road in north eastern Nebraska with power lines on either side, and grassy fields.

Eastern Nebraska is running out of electricity

Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.

November 6, 2026 - Grist

A rendering of a mall turned living space. People walk around a green space surrounded by apartments.

Malls are becoming the midtowns of the future

Mall and office park redevelopments are a generational opportunity to create new nodes of urbanity.

October 29, 2026 - Ben Schneider

A car drives through a puddle in NYC

NYC breaks ground on anti-flooding infrastructure project

New York City's new system will reduce stormwater flows to local sewers by 90%.

15 minutes ago - Smart Cities Dive

Members of the Smoketown CLT gather for a photo

One Kentucky town’s secret to affordable housing

The Smoketown Community Land Trust has already built seven affordable homes for community members.

1 hour ago - Reasons to Be Cheerful

Two people stand under mesh coverings shaped like petals

Houston gains petal-shaped cooling infrastructure to make streets more ‘delightful’

The city has installed the pavilions along 15 blocks in Houston.

2 hours ago - De Zeen

FREE Course: Walkable City 1: Why Walkability?

After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.

Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold

The course focuses on the opportunities and imperatives that shape reinvention of mall sites.