WATERSHED-SCALE ENVIRONMENTAL ACCOUNTING

Transcription

1 Jeremy Sokulsky, PE, MBA President WATERSHED-SCALE ENVIRONMENTAL ACCOUNTING Moving from Inputs to Outcomes to Markets

2 6/23/2010 What can you do with an credit? ecosystem service How do you keep your credit real? 2

3 ENVIRONMENTAL ACCOUNTING ACTORS Credit Users Benefit Producers Regulators General Public/ Tax Payer Administrators 3

4 ENVIRONMENTAL ACCOUNTING ACTIONS Direct Action/ Relationship Environmental Benefit Indirect Action/ Relationship Environmental Credit Project Implementation Funding 4

5 TRADITIONAL FUNDING ALLOCATION 5

6 TRADITIONAL FUNDING ALLOCATION 6

7 TRADITIONAL FUNDING ALLOCATION 7

8 Money isn t prioritized 8

9 Public can t value environmental investments 9

10 6/23/2010 What can you do with an ecosystem service credit? Invest public funds 10

11 INVEST PUBLIC FUNDS 11

12 INVEST PUBLIC FUNDS 12

13 INVEST PUBLIC FUNDS 13

14 INVEST PUBLIC FUNDS 14

15 6/23/2010 What can you do with an ecosystem service credit? regulations Invest public funds Performance-based 15

16 PERFORMANCE-BASED PERMITS 16

17 PERFORMANCE-BASED PERMITS 17

18 PERFORMANCE-BASED PERMITS 18

19 LAKE CLARITY CREDITING PROGRAM FOR LAKE TAHOE Motivating effective action to improve lake clarity 19

20 LAKE CLARITY CREDITING PROGRAM Ultimate Credit Target 15 Year Target 33% 10 Year Target 5 Year Target 20

21 LAKE CLARITY CREDITING PROGRAM 6/23/2010 Ultimate Credit Target 15 Year Target 33% 10 Year Target 5 Year Target Residential BMPs 21

22 LAKE CLARITY CREDITING PROGRAM Ultimate Credit Target 15 Year Target 33% 10 Year Target Street Sweeping 5 Year Target Residential BMPs 22

23 LAKE CLARITY CREDITING PROGRAM Ultimate Credit Target 15 Year Target 33% Treatment Basins 10 Year Target Street Sweeping 5 Year Target Residential BMPs 23

24 Regulations treat all catchments the same 24

25 when in reality, different catchments have different load reduction potentials. 25

26 6/23/2010 What can you do with an ecosystem service credit? Invest public funds Performance-based regulations Invest private capital 26

27 MITIGATION BANKING 27

28 MITIGATION BANKING 28

29 MITIGATION BANKING 29

30 MITIGATION BANKING 30

31 MITIGATION BANKING 31

32 6/23/2010 What can you do with an ecosystem service credit? Invest public funds Performance-based regulations Invest private capital Protect water systems keep innovating 32

33 6/23/2010 How do you keep your credit real? 33

34 PERFORMANCE-BASED PERMITS 34

35 PERFORMANCE-BASED PERMITS 35

36 MANAGEMENT SYSTEM 36

37 MANAGEMENT SYSTEM Relied on to inform decisions Useful products Predictable 37

38 CREDIT SCHEDULE & LOAD REDUCTION ESTIMATE Average Annual Load Reductions or Lake Clarity Credits Load Reduction Estimate Slide 38

39 CREDIT SCHEDULE & LOAD REDUCTION ESTIMATE 200 Average Annual Load Reductions or Lake Clarity Credits Load Reduction Estimate Credit Schedule Amount Slide 39

40 Jeremy Sokulsky, PE, MBA President WATERSHED-SCALE ENVIRONMENTAL ACCOUNTING Moving from Inputs to Outcomes to Markets