EPRI Wins $1.3 Million in Federal Grants
for Water Quality Trading Program
EPRI has received $1.3 million in federal grants from
the U.S. Environmental Protection Agency (EPA) and the
U.S. Department of Agriculture (USDA) to launch a regional
water quality trading program in the Ohio River Basin.
The project will focus on nitrogen and phosphorus discharges
from sources within the Basin and is expected to result
in cost-effective water quality improvements throughout
the region, which encompasses parts of eight states.
The EPA award addresses watershed protection through
targeted watershed grants for water quality trading
or other market-based projects to reduce the hypoxic
zone in the northern Gulf of Mexico. The USDA award
addresses agricultural credit calculation tools for
water quality and greenhouse gas trading under a Natural
Resources Conservation Service conservation innovation
grant. Based on its recently completed feasibility study
for this project, EPRI will now work with regional stakeholders
to develop a first-of-its-kind working project in the
Basin. Additional information can be found at the project
website. For more information, contact Jessica Fox,
(650) 855-2138, jfox@epri.com.
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