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2011 SESSION

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SB 1102 Point source nutrient trading; shall not be subject to a two-for-one trading ratio.

Introduced by: Emmett W. Hanger, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Point source nutrient trading. Exempts from the "two-for-one" rule point source nutrient removal technologies such as manure gasifiers that are being used by nonpoint sources (a farm) to generate and sell nutrient allocation offsets. The current Chesapeake Bay Watershed Nutrient Credit Exchange Program requires that two pounds of a nutrient be purchased for each pound to be offset when the allocation is purchased from a nonpoint source.


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