Exploring trading in water quality credits as a cost-effective approach for managing water quality in the Great Barrier Reef
View/ Open
File version
Version of Record (VoR)
Author(s)
Smart, James
Hasan, Syezlin
Volders, Adrian
McMahon, Joseph M.
Curwen, Graeme
Saint Ange, Chantal
Fleming, Christopher M.
Burford, Michele
Tan, Poh-Ling
Garzon-Garcia, Alexandra
Burton, Joanne M.
Dew, Peter
Edeson, Greg
Griffith University Author(s)
Year published
2020
Metadata
Show full item recordAbstract
This project will scope opportunities for water quality credit trading, and develop trading frameworks for managing nitrogen and sediment along the Reef coast. The objective is to determine whether trading in water quality credits can cost-effectively offset emissions increases from future economic expansion, whilst ensuring that end-of-catchment pollution loads stay within designated nitrogen and sediment limits. The project will also estimate how revenues from credit trading could potentially stimulate rural economies and create jobs by incentivising innovative business opportunities.This project will scope opportunities for water quality credit trading, and develop trading frameworks for managing nitrogen and sediment along the Reef coast. The objective is to determine whether trading in water quality credits can cost-effectively offset emissions increases from future economic expansion, whilst ensuring that end-of-catchment pollution loads stay within designated nitrogen and sediment limits. The project will also estimate how revenues from credit trading could potentially stimulate rural economies and create jobs by incentivising innovative business opportunities.
View less >
View less >
Copyright Statement
© Griffith University, 2020. Exploring trading in water quality credits as a cost-effective approach for managing water quality in the Great Barrier Reef is licensed by the Griffith University for use under a Creative Commons Attribution 4.0 Australia licence. For licence conditions see: https://creativecommons.org/licenses/by/4.0/
Subject
Environment and resource economics