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Maximising benefits from Murray Darling water resource Management, in Getting Water Reform Right: Lessons from the Murray Darling Basin

Citation

Connor, J and Banerjee, O and Hatton MacDonald, D and Tapsuwan, S and Morrison, M and Ryan, A, Maximising benefits from Murray Darling water resource Management, in Getting Water Reform Right: Lessons from the Murray Darling Basin, Water Policy Reform, Edward Elgar Publishing, Quiggin J, Mallawaarachchi T, Chambers S (ed), United Kingdom, pp. 136-158. ISBN 9781781000311 (2012) [Research Book Chapter]

Copyright Statement

Copyright 2012 John Quiggin, Thilak Mallawaarachchi and Sarah Chambers

Official URL: http://www.e-elgar.com/shop/water-policy-reform

Abstract

The legislation underpinning the Basin Plan (the Water Act 2007) requires the protection and restoration of Basin ecological assets through the setting of sustainable diversion limits (SDLs). In meeting these environmental objectives, it also requires optimizing social, environmental, and economic outcomes of Basin water resource management, including net economic returns from Basin water resource management, for the Australian community. A further requirement is that all assessments underpinning the Plan are to be based on best scientific and economic practice and in observance of the National Water Initiative (CoAG, 2004).

Item Details

Item Type:Research Book Chapter
Keywords:Murray-Darling Basin, resource management, Basin Plan, sustainable diversion limits
Research Division:Economics
Research Group:Applied Economics
Research Field:Environment and Resource Economics
Objective Division:Environment
Objective Group:Environmental and Natural Resource Evaluation
Objective Field:Economic Incentives for Environmental Protection
Author:Hatton MacDonald, D (Associate Professor Darla Hatton MacDonald)
ID Code:103174
Year Published:2012
Deposited By:Tasmanian School of Business and Economics
Deposited On:2015-09-23
Last Modified:2017-11-23
Downloads:0

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