Environmental

Vermont's 'phosphorus reduction credits' trading in the Lake Champlain basin allows:

AOnly municipalities to buy and sell credits
BEntities that achieve phosphorus reductions beyond requirements to sell credits to entities that need to offset their impacts✓ Correct
CAll property owners to earn free credits
DCredits to be used to offset any type of pollution

Explanation

Vermont's phosphorus trading program allows agricultural operations and others who achieve phosphorus reductions beyond required levels to sell those surplus reductions as credits to developers or others who need to offset their contributions to the Lake Champlain watershed.

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