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Why has the WQ Trading IMD been updated in 2009?

IMD trading updated wq
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Why has the WQ Trading IMD been updated in 2009?

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The original Water Quality Trading IMD was issued in January 2005. In recognition of the fact that trading is an evolving area for DEQ, in April of 2008 the DEQ Water Quality Program formed an internal Water Quality Trading Workgroup. The group was tasked with developing trading policies and procedures as well as a consistent message regarding trading for the benefit of DEQ staff and external stakeholders. The updates and revisions to the IMD are made to reflect DEQ’s experience and new information regarding water quality trading from EPA and other states across the US. DEQ anticipates revising this document from time to time as our understanding of water quality trading continues to improve with experience in Oregon and elsewhere. The specific purpose of the revised IMD is to provide DEQ staff with a consistent framework for evaluating trades. By identifying key features of acceptable trades, the revised IMD is also intended to encourage the development of new kinds of trades. It is m

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