Midwest demonstration projects
Launch the Midwest’s First Real Stackable Credit Market
Over the next two years, AFT and its partners will launch the Midwest’s first real stackable credit market involving both water quality trading and carbon trading with point source polluters and agriculture in Minnesota. This project builds on our work over the last two years with key agricultural leaders, the Minnesota River Board, the Minnesota State University Water Resources Center and the Minnesota Pollution Control Agency. Once we successfully establish this unique multiple credit market in the Sauk River watershed, we will use what we learn to create additional markets to serve the Upper Mississippi River basin.
Develop a Regional Water Quality Trading Program in the Ohio River Basin
To address impending regulatory action in the Ohio River basin,
the Electric Power Research institute and its member utility companies recently concluded that the least-cost strategy is to buy nutrient credits from agriculture (both nitrogen and phosphorus). The large size and multi-state scope of this project is unprecedented but will be impossible for states, agencies, point source polluters and agriculture to ignore.
The design of this market will allow it to handle other environmental credits such as carbon credits, and we will use the BMP Challenge to help generate potential sellers. In the Maumee River basin, which empties into Lake Erie, AFT has identified a high potential to establish ecosystem services markets, especially sediment credits.