Cashing Out Our Clean Air and Water with Pollution Trading | Food & Water Watch
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When I scan my Inbox each day, I single out emails from Food & Water Watch because they keep me up-to-date on back-room shenanigans that affect relevant issues that are of concern to me... like the food I buy in the grocery store! And when they ask me to do something, I do it.
Paul Keleher
January 16th, 2013

Cashing Out Our Clean Air and Water with Pollution Trading

New Food & Water Europe Issue Brief Documents Pay-to-Pollute Programs That Undermine Proven Regulations 

Washington, D.C., Brussels — The international consumer advocacy group Food & Water Watch and its European programme Food & Water Europe released an issue brief today that describes a growing trend to reduce air and water pollution using market-driven credits to control pollutants. Pollution Trading: Cashing Out Our Clean Air and Water documents government-sanctioned pollution reduction programs that provide a market place for trading credit allotments in an effort to offset harmful discharges. But these mechanisms don’t deter industrial pollution. In fact, they give companies an opportunity to pay and trade for the “right” to pollute.

Programs including the U.S. Acid Rain Program, Emissions Trading System, Regional Clean Air Incentives Market, Chesapeake Bay Total Maximum Daily Load and the Renewable Fuel Standard Program, encourage polluting companies to trade emission allowances for nitrogen, air quality, carbon, nutrient water, and renewable fuel identification numbers in the spirit of decreasing industrial pollution. But these cap-and-trade methods deter companies from upgrading equipment and technology, and complying with regulatory guidelines designed to decrease the amount of pollutants and toxic discharges into our environment.

Many of these pay-to-pollute programs have yet to prove they are successful in decreasing the amount of air and water pollution. In some cases, the programs contain loopholes that allow for the creation of fraudulent credits, giving some companies the ability to earn credits without actually reducing emissions.

“We’ve moved away from regulations that actually work, and instead we’ve adopted a pay-to-pollute trading system that actually rewards companies without requiring them to decrease their emissions,” said Food & Water Europe Executive Director Wenonah Hauter. “Instead of investing in improved technology and methodology that could reduce our harmful discharges, we’ve created a trading scheme fraught with fraud and liability issues.”

Pollution Trading: Cashing Out Our Clean Air and Water available here

 

Contact:

Rich Bindell, Food & Water Watch, +1 202 683 2457, [email protected]

Gabriella Zanzanaini, Food & Water Europe, +32 488 409 662, gzanzanaini(at)fweurope.org

Food & Water Europe is the European program of Food & Water Watch, a nonprofit consumer organization based in the United States that works to ensure the food, water and fish we consume is safe, accessible and sustainable. So we can all enjoy and trust in what we eat and drink, we help people take charge of where their food comes from, keep clean, affordable, public tap water flowing freely to our homes, protect the environmental quality of oceans, force government to do its job protecting citizens, and educate about the importance of keeping shared resources under public control.
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