Cap And Trade For Water?
A cap and trade system for carbon dioxide has been a terrific flop; even proponents are leery that it is just another layer of bureaucracy and the only economic benefits have been of the economic voodoo kind, similar to a federal stimulus package that went primarily to state and municipal union employees were called 'jobs saved' in a brilliant bit of marketing.
Why would anyone want to export that fiasco to another environmental issue? It's academic. Sometimes academic is obviously a good thing; basic research, for example. And sometimes 'academic' connotes 'out of touch…