Buying a Better Environment: Cost-Effective Regulation through Permit Trading

摘要

This conference on transferable discharge permits marked another important milestone in an exciting and, I hope, environmentally and economically beneficial program. The authors TDP work at Wisconsin has become a model of university-industry-government cooperation. It involves research and outreach on an important common problem. What started out as a rather esoteric University of Wisconsin Sea Grant research project has moved quite rapidly to the stage where it could become a part of national resource management policy. The State of Wisconsin has now accepted the idea of transferable discharge permits for water and has begun to use it as a technique for dealing with the Fox River industrial complex.