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Water Rights Trading
- 589 Words
- 2 Pages
- Report
Water Rights Trading
Abstract
The Water Rights trading between licence holders has been possible for some time. In certain areas of the UK, water is licensed, but not all of the available water is used by the licence holder. Water Rights Trading enables these (or those not utilising it efficiently) to transfer the rights to their unwanted water to another party. The merits of Water Rights trading have been debated in the last few years, and both Ofwat and the Environment Agency (EA) have consulted on the issue. The most recent consultation published by Ofwat suggested that trading of ...
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