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Water Quality Trading on the Minneso...

Zajicek, Michael Nathan.

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Water Quality Trading on the Minnesota River: Lessons Learned from the Jordan Trading Program.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Water Quality Trading on the Minnesota River: Lessons Learned from the Jordan Trading Program./
Author:	Zajicek, Michael Nathan.
Description:	93 p.
Notes:	Source: Masters Abstracts International, Volume: 52-03.
Contained By:	Masters Abstracts International52-03(E).
Subject:	Economics, General. -
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1547890
ISBN:	9781303508134

Water Quality Trading on the Minnesota River: Lessons Learned from the Jordan Trading Program.
Zajicek, Michael Nathan.

Water Quality Trading on the Minnesota River: Lessons Learned from the Jordan Trading Program. - 93 p.

Source: Masters Abstracts International, Volume: 52-03.

Thesis (M.S.)--University of Minnesota, 2013.

Water quality permit trading in an attractive option lower the costs of pollution cleanup in lakes and rivers, and while similar programs for air pollution have been successful, most attempts at Water Quality Trading have failed. The Jordan Trading Program, based on the Minnesota River, is one of the few exceptions. This paper examines the program to discover how the program succeeds where others have failed. The Jordan Trading has averaged 17 trades a year, and with some assumptions has resulted in cost savings. The river is modeled using a Farrow et. al. (2005) model to show that savings are theoretically possible, even if the program does not act in the same fashion. It was found that while cost savings occur, the facilities in the program are not profit maximizers due to their status as government wastewater treatment facilities, and thus the maximum potential cost savings are not achieve. The program has still been successful, and several suggestions are made for future water quality trading programs.

ISBN: 9781303508134Subjects--Topical Terms:

1017424
Economics, General.

Water Quality Trading on the Minnesota River: Lessons Learned from the Jordan Trading Program.
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020 $a 9781303508134
035 $a (MiAaPQ)AAI1547890
035 $a AAI1547890
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100 1 $a Zajicek, Michael Nathan. $3 2097256
245 1 0 $a Water Quality Trading on the Minnesota River: Lessons Learned from the Jordan Trading Program.
300 $a 93 p.
500 $a Source: Masters Abstracts International, Volume: 52-03.
500 $a Adviser: Jay Coggins.
502 $a Thesis (M.S.)--University of Minnesota, 2013.
520 $a Water quality permit trading in an attractive option lower the costs of pollution cleanup in lakes and rivers, and while similar programs for air pollution have been successful, most attempts at Water Quality Trading have failed. The Jordan Trading Program, based on the Minnesota River, is one of the few exceptions. This paper examines the program to discover how the program succeeds where others have failed. The Jordan Trading has averaged 17 trades a year, and with some assumptions has resulted in cost savings. The river is modeled using a Farrow et. al. (2005) model to show that savings are theoretically possible, even if the program does not act in the same fashion. It was found that while cost savings occur, the facilities in the program are not profit maximizers due to their status as government wastewater treatment facilities, and thus the maximum potential cost savings are not achieve. The program has still been successful, and several suggestions are made for future water quality trading programs.
590 $a School code: 0130.
650 4 $a Economics, General. $3 1017424
650 4 $a Economics, Environmental. $3 1669564
690 $a 0501
690 $a 0438
710 2 $a University of Minnesota. $b Applied Economics. $3 1022383
773 0 $t Masters Abstracts International $g 52-03(E).
790 $a 0130
791 $a M.S.
792 $a 2013
793 $a English
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1547890