Video: Double dip throw down on Jones Street

Written by:

04.30.2010 Posted in double dipping, In-Lieu-Fee Mitigation, NC Ecosystem Enhancement

Lawmakers might dun DENR for wetlands mistake

State lawmakers said Thursday that they might have to pull $700,000 from the Department of Environment and Natural Resources budget to make up for a costly error in a wetlands clean-up in Johnston County.

When the state pays to preserve environmentally sensitive wetlands, it gets a credit to offset the destruction of another wetland for a highway project or other development. Each restored area can be used only once as a credit, but DENR hired a firm last year to restore the same 46 acres in the Neuse River Basin that the state Department of Transportation paid to restore in 2000.

(more…)

Survey: Bankers and others queried on-line regarding Credit Stacking

Written by:

01.12.2010 Posted in double dipping, mitigation survey, National Mitigation Banking Association

Several folks at Restoration Systems received an invitation today to take an on-line survey from the Electric Power Research Institute (EPRI).  EPRI is a farsighted Washington think tank deeply involved in the analysis of environmental markets.  The subject of the survey is so-called “credit stacking,” the practice that led recently to the controversial “double-dip” of mitigation here in North Carolina.

(more…)

SwampGate: Purchasing nutrients from a wetland bank prohibited by EEP's own rules

Written by:

12.8.2009 Posted in 401 Water Quality Certification, double dipping, In-Lieu-Fee Mitigation, interesting articles, NCDWQ, NCEEP, north carolina, stream restoration, Swampgate, Uncategorized, wetland mitigation bank

As an informational update on the brewing controversy concerning the state paying twice for work done once, “Stories from the Field” offers a snippet from the EEP‘s own rule book.  The rule specifically and unequivocally prohibits the dual use of a single mitigation site for wetland and nutrient mitigation, as was done at least once by a private contractor, and perhaps many times by the rule maker themselves:

Ecosystem Enhancement Program:

2.0 DEFINITIONS AND PROJECT REQUIREMENTS TO GENERATE RIPARIAN BUFFER MITIGATION CREDITS.

2.9 Wetland and Buffer Mitigation. Wetland mitigation may not overlap with riparian buffer mitigation. When wetland mitigation is implemented in a riparian zone using buffer restoration techniques that could also generate riparian buffer mitigation, a decision must be made as to which type of credit will be claimed from the project. A specific area on a project can generate either wetland mitigation credits or riparian buffer mitigation credits. Portions of a project can be designated as generating riparian buffer mitigation credits and portions generating wetland credit, but these areas cannot overlap.

2.10 Nutrient Offset and Buffer Mitigation. Nutrient offset mitigation is required to be stand alone mitigation in order to generate nutrient offset mitigation. Any area being used for nutrient offset mitigation cannot be used to generate stream, wetland, or buffer mitigation credits. Similarly any area being used to generate riparian buffer mitigation credits cannot be used to generate nutrient offset mitigation.

SwampGate: News and Observer busts EBX for hitting the punch bowl twice

Written by:

12.8.2009 Posted in 401 Water Quality Certification, double dipping, In-Lieu-Fee Mitigation, interesting articles, NCDWQ, new federal mitigation rule, north carolina, stream restoration, Swampgate, wetland mitigation bank

Quite a find on my porch this morning. The state’s paper of record revealed a long-stewing controversy in the obscure but important world of compensatory environmental mitigation policy.  [EBX paid twice for wetlands work, December 8, 2009]  RS’ principal competitor, Environmental Bank and Exchange (EBX), sold nutrient mitigation credits to the North Carolina Ecosystem Enhancement Program subsequent to the site being banked, restored and previously paid for by the North Carolina Department of Transportation for wetland mitigation credit.  In industry parlance –  we call this a “double-dip.”

(more…)

Video: "George" Double-Dipping

Written by:

11.17.2009 Posted in Bear Creek, double dipping, In-Lieu-Fee Mitigation, interesting articles, NCDWQ, NCEEP, north carolina, video, wetland mitigation, wetland restoration

When is Credit Stacking a Double Dip?
The issue of reusing a restored environmental asset will come up again and again as new environmental markets emerge.
by Alice Kenny