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Pollution Trading: Cashing Out Our Clean Air and Water | Food & Water Watch
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Food & Water Watch is a tireless champion in the fight to preserve our right to the untainted fruits of the earth. Their leadership in putting people above corporate profits is invaluable.
Dave Mazza
December 12th, 2012

Pollution Trading: Cashing Out Our Clean Air and Water

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The last 20 years of environmental protection have seen a steady shift away from many of the tried-and-true regulatory control approaches that force industries to implement increasingly more protective pollution abatement measures. We are witnessing a move toward market-driven off set programs that substitute trading for technology. With both air and water, industries are now being offered pay-to-pollute approaches that enable them to purchase pollution “credits” instead of working to reduce their harmful discharges. Of course, these market mechanisms come with a whole host of loopholes and liabilities.