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2015 | OriginalPaper | Buchkapitel

14. Water Trading: An Introduction

verfasst von : Gonzalo Delacámara, Carlos M. Gómez

Erschienen in: Use of Economic Instruments in Water Policy

Verlag: Springer International Publishing

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Abstract

Rather than setting water prices and leaving quantities to economic agents, water authorities may rather choose to cap water quantity and set the necessary conditions for voluntary trades to happen. From a wider perspective of water use (one not only constrained to water withdrawal and consumption but also to the disposal of polluting substances), water rights or entitlements could also be defined as pollution credits and be traded in water quality trading (WQT) schemes. This chapter presents a wide array of experiences both on water quantity and water quality trading. A successful experience on nutrient credit trading in the Great Miami River (Ohio, USA) is presented along with a non-fully successful one in North Carolina, from which insightful lessons can be drawn in terms of optimising the incentive design. Furthermore, a salinity offsetting scheme in Australia is also analysed. In terms of water quantity trading, incipient experiences in central Spain (Tagus river basin district) are analysed together with mature and dynamic experiences of deep markets in Chile, the Murray-Darling Basin (Australia) and Colorado (USA).

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Titel: Water Trading: An Introduction
verfasst von: Gonzalo Delacámara
Carlos M. Gómez
Verlag: Springer International Publishing
Buch: Use of Economic Instruments in Water Policy
Print ISBN: 978-3-319-18286-5

Electronic ISBN: 978-3-319-18287-2

Copyright-Jahr: 2015
DOI: https://doi.org/10.1007/978-3-319-18287-2_14

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