Water markets and regulation: Implementation, successes and limitations

Cameron Holley; Darren Sinclair

doi:10.1007/978-981-10-8977-0_7

Water markets and regulation: Implementation, successes and limitations

Cameron Holley^*, Darren Sinclair

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

4 Citations (Scopus)

Abstract

Although markets are widely promoted as an efficient tool for managing water, little critical attention has been directed to the legal and governance issues of water markets, including matters such as compliance and enforcement, water accounting, and the overall effectiveness of water trading. In response to these gaps, the chapter critically evaluates Australia's cap and trade instrument, drawing on a review of the literature and survey and interview data collected from government and non-government stakeholders. The findings reveal achievements, including flexible responses to past and future droughts; efficiencies that contribute to economic and environmental benefits; and increasing trade and market functionality.

Original language	English
Title of host publication	Reforming Water Law and Governance
Subtitle of host publication	From Stagnation to Innovation in Australia
Publisher	Springer
Pages	141-168
Number of pages	28
ISBN (Electronic)	9789811089770
ISBN (Print)	9789811089763
DOIs	https://doi.org/10.1007/978-981-10-8977-0_7
Publication status	Published - 27 Apr 2018
Externally published	Yes

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Water markets and regulation: Implementation, successes and limitations

Abstract

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