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Market-based Opportunities to Improve Environmental Flows: A scoping paper

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Abstract

Report to Environment Australia. The objective of this paper is to promote discussion relating to the trading and banking of environmental water allocations in the context of the Australian water industry. The paper discusses issues essential to the definition of environmental allocations as well as several approaches for increasing the size of environmental allocations. It then focuses on the direct market based mechanisms of trade in and banking of environmental flows and identifies issues requiring further investigation.

Suggested Citation

  • Mike Young, 2000. "Market-based Opportunities to Improve Environmental Flows: A scoping paper," Natural Resource Management Economics 00_004, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.
  • Handle: RePEc:csi:report:00_004
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    File URL: http://www.clw.csiro.au/publications/consultancy/2000/e-flows.pdf
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    References listed on IDEAS

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    1. Whittington, Dale & Smith, V. Kerry & Okorafor, Apia & Okore, Augustine & Liu, Jin Long & McPhail, Alexander, 1992. "Giving respondents time to think in contingent valuation studies: A developing country application," Journal of Environmental Economics and Management, Elsevier, vol. 22(3), pages 205-225, May.
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    Cited by:

    1. Anonymous, 2003. "Water Rights Arrangements in Australia and Overseas," Commission Research Papers 31899, Productivity Commission.
    2. Mike Young & Jim McColl, 2003. "Robust Reform: Implementing robust institutional arrangements to achieve efficient water use in Australia," Natural Resource Management Economics 03_003, Policy and Economic Research Unit, CSIRO Land and Water, Adelaide, Australia.
    3. Ann Vourc'h & Robert W. R. Price, 2001. "Encouraging Environmentally Sustainable Growth in Australia," OECD Economics Department Working Papers 309, OECD Publishing.
    4. Brennan, Donna C., 2006. "Water policy reform in Australia: lessons from the Victorian seasonal water market," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 50(3), September.
    5. Garrick, D. & Siebentritt, M.A. & Aylward, B. & Bauer, C.J. & Purkey, A., 2009. "Water markets and freshwater ecosystem services: Policy reform and implementation in the Columbia and Murray-Darling Basins," Ecological Economics, Elsevier, vol. 69(2), pages 366-379, December.

    More about this item

    Keywords

    Australia; natural resource management; Market-based opportunities; environmental flows;

    JEL classification:

    • Q0 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General
    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation

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