Abstract
A complex array of physical, economic, political and institutional barriers currently lie between theoretically appealing textbook economic prescriptions for addressing agricultural non-point source water pollution, and their transition into successful real-world solutions. In this paper, two innovative economic mechanisms that partially overcome these barriers, and address agricultural non-point source water pollution in an efficient, effective, equitable and politically acceptable manner, are presented - auctioned best management practice payments and best management practice incentive charges. The potential of these two mechanisms is explored in the context of the Swan-Canning catchment in Perth, Western Australia.
| Original language | English |
|---|---|
| Pages (from-to) | 55-67 |
| Number of pages | 13 |
| Journal | Environmental and Planning Law Journal |
| Volume | 22 |
| Issue number | 1 |
| Publication status | Published - 2005 |