Trading Away Your Right to Clean Water: Trading and the Financialization of Nature
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In 1977, Congress passed a set of amendments to the 1972 Federal Water Pollution Control Act. Together, the original act and the amendments came to be known as the Clean Water Act (CWA). The CWA set a strong and simple standard that polluting is illegal, and that the national goal is zero discharge into our public waterways. Failing achievement of zero discharge, the CWA set limits on discharges.