Today, there was an interesting article on the Schooled Green blog about water quality credit markets entitled “Finding the Money in Water: Why You Should Watch the Chesapeake“. Mike shared some of his insights as an expert on the subject. Here is a brief quote from the post:
“Fortune magazine has called water the oil of the 21st century. As watersheds around the world become increasingly strained, thirsty communities and businesses will be in the market for anything that can ensure sustainable access to this life-or-death resource. To understand this rapidly growing ecosystem, I sat down with Mike Van Patten, CEO of Mission Markets Earth. Mike specializes in trading environmental credits for things like wetland mitigation and water quality, and asked him where to find the hottest market opportunity on his radar. He answered before I could blink. ‘No question,’ he said, ‘it’s the nitrogen and phosphorous emissions markets in the Chesapeake Bay.'”
To read the full article, click here.
-The Mission Markets Team