In a recent news story about the stalled Maryland nutrient program which is showing little outcome since 2008, The Baltimore Sun points up some of the concerns of environmentalists and other opponents of nutrient trading, settling on a lack of scientific verification and general lack of interest by landowners in the voluntary state run program. Among the claims in the story are fears that ‘privatizing environmental cleanup is ripe for fraud.’
All this comes as neighboring Virginia’s pollution trading program moves ahead and is touted for its “innovative market-based approach” to cleaning up the Chesapeake Bay. >Read More
