What are the benefits to Participating in WQT?:
WQT is an important part of Maryland’s Chesapeake Bay restoration effort that helps Maryland more cost- effectively meet its federal Clean Water Act Total Maximum Daily Load (TMDL) requirements. WQT creates a public market for nitrogen, phosphorus, and sediment reduction credits to enhance the restoration and protection of the Chesapeake Bay and local waters by reducing the cost and accelerating the pace of nutrient and sediment reduction efforts. Credits can be purchased to meet pollution control requirements for permits at facilities where pollution control measures are infeasible or too expensive.
Credit trading provides a means to ensure pollution controls are implemented in the most cost-effective manner possible. This will lower costs, encourage better compliance with the pollution control requirements and help accelerate Maryland’s water quality restoration efforts for Chesapeake Bay and its tributaries. Read more…