Interesting meeting with testimony from PA DEP, local gov wastewater treatment plant rep's, municipalities/builders/agricultural trade org's, env org, & EPA. Here's some of the speculation for why nutrient trading isn't gangbusters:
- it's new, it'll take time for folks to adopt (DEP)
- vauge It's not applicable to us/ we don't feel it's a viable option at this time (local gov's)
- no fair that sewer rate payers have to pay for nutr reductions, can we get state money for it (local gov's)
- uncertainty of having to buy nutr credits on annual basis (price fluctuations), uncertainty of tangible result of nutr credits (local gov)
- PT sources haven't felt the heat yet - reg's not in full force until 2010, some WWTP's haven't reached max capacity/nutrient cap yet
- there's not enough #s of P credits avail (municipalities org)
- nutr trading isn't financially competitive with WWTP upgrades (builders org, nutr trading co, env org)
Current price of nutr credits: $9/lb for N, $4/lb for P (Red Barn Trading Co.)
Audio of the meeting
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