Finance
Carbon markets could finance green wastewater infrastructure for a huge win-win-win

Green wastewater-treatment infrastructure could save billions of dollars and avert millions of tons of carbon emissions in the United States in the coming decades, according to a new study.
To facilitate this, wastewater treatment could be folded into carbon markets, moving water quality from a local to a globally traded resource, the study suggests.
Conventional wastewater-treatment facilities such as sewage plants that remove nutrients like nitrogen and phosphorus from wastewater are known as “gray” infrastructure. Such facilities currently account for 2% of U.S. energy use and 45 million metric tons of carbon emissions annually.
Wastewater-treatment standards are likely to become more stringent in the future, which will increase the power needed for water treatment, and the corresponding carbon emissions—especially because gray-infrastructure technologies able to meet these standards are energy-intensive and not terribly efficient.
In the new study, researchers investigated the potential for different forms of green wastewater-treatment infrastructure to contribute to water quality standards. Green approaches range from reducing the amount of fertilizer spread on farmland to creating human-made wetlands to filter water before it enters a river.
As well as reducing the need to beef up wastewater treatment plants, such approaches could address non-point source pollution from fertilizer runoff, urban development, and wildfires.
The researchers gathered data on nutrients coming into more than 22,000 wastewater treatment facilities throughout the contiguous United States. Then they calculated the emissions, costs, and treatment capabilities of standard wastewater treatment plants compared to green infrastructure of various sorts.
Utilities in the United States are already allowed to trade point-source for non-point source water quality improvements. But these mechanisms haven’t been used very widely. So the researchers investigated the potential for carbon markets to provide a source of capital to finance green wastewater infrastructure.
Essentially this approach would trade on the carbon-reducing potential of green infrastructure, with the water quality benefits coming along for the ride.
Green wastewater-treatment infrastructure could save $15.6 billion and 30 million metric tons of carbon emissions over four decades, the researchers report in the journal Nature Communications Earth & Environment.
Green wastewater infrastructure designed to achieve the most stringent water quality standards could sequester more than 4.2 million metric tons of carbon emissions per year and generate revenue of $679 million per year via carbon markets.
The main limitation on green treatment methods’ ability to remove nutrients is a lack of agricultural land in some areas, and the fact that not all green technologies can be used in all areas. “While green treatment methods can only treat less than 40% of nitrogen and 25% of phosphorus needed in the United States, this would still represent a large decrease in infrastructure compared to the scenario where green treatment methods are not used,” the researchers write.
Green wastewater-treatment infrastructure has lower carbon emissions than gray infrastructure in every water basin across the country—although it is not carbon-negative everywhere.
Nor are green treatment technologies cheaper than gray ones everywhere. But when potential carbon financing revenues are accounted for, basins where green technologies are cheaper account for 94.6% of nitrogen and 91.9% of phosphorus treated in the contiguous United States. Much of the cost of green infrastructure comes from the need to pay farmers to implement the technologies, in some cases yearly.
“As the grid evolves with less environmental impact, carbon credits generated by offsetting gray infrastructure with green infrastructure will be reduced,” the researchers write, “which mean that the window of opportunity for leveraging carbon markets to incentivize a shift from gray to green infrastructure may be limited.” They are now conducting additional studies to develop the carbon-credit methodology.
Source: Limb B.J. et al. “The potential of carbon markets to accelerate green infrastructure based water quality trading.” Communications Earth & Environment 2024.
Image: ©Anthropocene Magazine
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Finance
Stock market today: Nasdaq futures lead stock plunge, Dow drops 1,000 points as Trump’s punishing tariffs rip through markets
As markets sold off late Wednesday, President Trump touted the domestic investments from Big Tech as companies like Apple (AAPL), Nvidia (NVDA), and others pledge billions to expand their respective footprints in the United States.
“Apple is going to spend $500 billion. They never spent money like that here,” Trump said, referencing the company’s plans to invest in its US operations over the next four years, which will include plans to build a new manufacturing factory, double its advanced manufacturing fund, and hire 20,000 people.
Apple (AAPL) shares still fell over 7% in after-hours trading given its exposure to countries set to be hit by increased tariffs.
Trump added that Apple’s investment will be matched by Oracle (ORCL), ChatGPT creator OpenAI, and Japanese conglomerate SoftBank (9984.T) — a nod to the $500 billion ‘Stargate’ AI venture announced earlier this year.
At the time, Trump claimed the venture would create “over 100,000 American jobs almost immediately.”
Plus, “Nvidia, a hot company, is investing hundreds of billions of dollars” into the US supply chain, Trump said. And “TSMC — the biggest and most important company in the world of chips from Taiwan — with no investment from us, is investing $200 billion.”
TSMC (TSM) announced last month that it plans to invest an additional $100 billion in advanced semiconductor manufacturing in the US. This is in addition to its ongoing $65 billion investment in its manufacturing operations in Phoenix, Ariz.
“They said the reason was No. 1, the election on Nov. 5. And No. 2, the tariffs,” Trump said. “They don’t want to pay the tariffs. And the way they’re not paying it is to build their plants here.”
Similar to Apple and other Big Tech players, semiconductor stocks also dropped in after-hours trade with Nvidia falling 5% while Broadcom (AVGO) and Intel (INTC) dropped 5% and 4%, respectively.
Finance
El Salvador Now Offering Digital Assets

El Salvador’s Stock Exchange (BVES) is the first in Latin America to offer digital assets. Digital Exchange, BVES’ digital arm, will provide products after receiving the go-ahead from the National Commission for Digital Assets (CNAD) to be a digital asset provider.
BVES claims it is the first regional stock exchange to establish a platform dedicated to the custody, issuance, management and trading of digital assets.
Rolando Duarte, president of BVES, said in a statement, “With Digital Exchange, we position ourselves at the forefront of financial innovation. Our mission is to provide market participants and local and international investors with a transparent and accessible platform that reflects the future of global finance.”
El Salvador has forged ahead with a plan to modernize finance in the region. It has recognized Bitcoin as legal tender (although this has since been rescinded), offered to headquarter a Central American stock exchange and crypto firm Tether, and drafted specialist legislation for alternate financial vehicles.
BVES acknowledges the assistance of Koibanx, which specializes in tokenization and blockchain infrastructure. The 2022 Digital Asset Issuance Law is the basis for the 39 registered asset providers in the country.
One of the first tests for Digital Exchange will be the tokenization of the Guatemala Interoceanic Consortium. Using the COINGT digital asset, the group wants to finance $325 million to unite the Atlantic and Pacific oceans, which will be achieved via ports, rail and a multimodal transport megaproject. The finance will be used in two tranches to pay for land acquisition, move the current plot owners, and pay suppliers. Ultimately, the consortium hopes to have a 231-mile property from Jutiapa to Ciudad Barrios.
“We are paving the way toward a digital financial ecosystem,” says BVES executive director Valentín Arrieta, “Digital Exchange opens the doors to new financial opportunities, connecting companies, institutional clients, and natural investors with the possibilities offered by digital assets, positioning the Exchange as a leader in innovation in the region.” According to a CNAD report, more than $5 billion in digital asset issuances were approved in 2024.
Finance
Bill would strengthen ag finance programs in Texas

Editor
Texas agriculture continues to face financial challenges that threaten the livelihoods of farmers and ranchers across the state. HB 43 by Rep. Stan Kitzman aims to address those concerns by strengthening the Texas Agricultural Finance Authority (TAFA) and expanding financial support programs to better serve farmers and ranchers.
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