Opportunity costs of restoring environmental flows to the Snowy River Report as inadecuate




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The construction of the Snowy Mountains Hydro-electric Scheme in the 1960s resulted in the diversion of 99% of the Snowy River's natural flow into the Murray and Murrumbidgee river systems. In 2000, the NSW, Victorian and Commonwealth governments agreed to restore between 21 per cent and 28 per cent of the natural flow. In this paper, we examine the implications of the Agreement for the value of water use in the Murray-Darling Basin.

Keywords: Snowy river ; water ; environmental flows

Subject(s): Environmental Economics and Policy

Resource /Energy Economics and Policy

Issue Date: 2008-02

Publication Type: Working or Discussion Paper

PURL Identifier: http://purl.umn.edu/149875

Total Pages: 18

JEL Codes: D81; Q25

Series Statement: Murray Darling Program

M08/3

Record appears in: University of Queensland > School of Economics > Risk and Sustainable Management Group Working Papers





Author: Wagner, Liam ; Quiggin, John ; Adamson, David

Source: http://ageconsearch.umn.edu/record/149875?ln=en







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