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News & Blog

Is Eco-Compensation Eliminating or Encouraging Polluters?

(Blog) Tuesday, May 22, 2012

The path to a green economy is dotted with many mirages. Eco-compensation is one of them. World Resources Institute (WRI) describes eco-compensation as if it’s a just reward to companies for providing sustainable solutions to environmental problems, but it really just encourages business as usual for big polluters. It doesn’t solve the problem of poor water quality. In fact, it allows companies to profit while they continue to compromise our resources. It’s market-based pollution trading.

WRI uses a water quality trading market as an example of a program that provides a cost-effective solution for agricultural contamination. But the program relies on the good actors to give their earned credits to bad actors, who generally keep on polluting.
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