Attorneys Say Determining Trading Baseline for Water from Nonpoint Sources Is Difficult
Richmond partner Brooks Smith was quoted in a November 19 Daily Environment Report article following a presentation that he gave at the annual American Law Institute/Environmental Law Institute Clean Water Conference in Washington, D.C.
Brooks spoke on a panel that explored new market-based approaches to water quality restoration under the Clean Water Act, including water quality trading. He and Washington, D.C. partner Brent Fewell, Richmond of counsels Shannon Varner and Andrea Wortzel and Richmond associate TJ Mascia spearheaded the formation of a new National Water Quality Trading Alliance earlier in the year. Their efforts focus on providing more cost-effective compliance solutions for regulated businesses and communities, while at the same time accelerating the pace and scale of restoration. Their group works on trading projects across the country, from the Pacific Northwest to the Ohio River Basin to the Chesapeake Bay.