WATER QUALITY TRADING
         KEYS  TO  SUCCESS
                 Every trading program
                   should strive to be:
  T
RANSPARENT
  R
 A
  D
    Keep the public informed at every step of the process by:
    "& Involving stakeholders in the design of the trading program;
    "& Communicating to the public information deemed necessary to maintain stake-
       holder confidence.
  E
     Show pollutant reductions and water quality improvement by:
     "& Measuring reductions;
     "& Verifying BMP installation and maintenance, e.g. through a third-party.

CCOUNTABLE
     Manage the program effectively by:
     ft Including trade tracking mechanisms in the program design;
     ft Periodically reviewing the program's process and results.

 EFENSIBLE
     Base the program on sound science and protocol by:
     ft Using dynamic water quality models;
     ft Requiring credit generators to certify credits;
     ft Developing scientifically-based trading ratios.

NFORCEABLE
     Establish responsibility for meeting or exceeding water quality standards by:
     ft Incorporating clearly-articulated trading provisions in NPDES permits.
                                                       United Slates
WQT Toolkit for Permit Writers. August 2007                          -. " *~
                                                  June 2007   833-F-07-005

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