A choice modelling valuation exercise was recently undertaken across several countries to assess the tradeoffs that households are prepared to make between water use restrictions, maintaining environmental condition in waterways, and increased water costs. The results from the Queensland survey...

Large scale forest plantations in the Murray-Darling Basin may be embraced as a carbon sequestration mechanism under a Carbon Pollution Reduction Scheme. However, increased tree plantation will be associated with reduced inflows to river systems because of increased transpiration, interception...

In Australia, as in other countries, the environmental costs and benefits of biofuel production and use have been found to vary greatly according to the production method and feedstocks used. In general, the use of biodiesel produced in Australia has been found to provide greater environmental...

Inclining block tariffs, where the unit price is dependent on the volume consumed, are widely used in urban water pricing. These tariffs attempt to satisfy both efficiency and equity goals by providing pricing signals to influence consumption decisions at the margin, whilst making...

Evaluation of off-site mitigation entails comparison of utility changes between two sites. Choice modelling has been used to identify community willingness to trade-off attributes for two different types of stream in New Zealand. Estimated utility functions are used to derive marginal rates of...

As resource conflicts grow, resource managers are increasingly faced with trade-offs among environmental assets. The management of the Columbia River system in the US Pacific Northwest is illustrative of such conflict. The Columbia River was developed to provide benefits of flood control,...

The water of the Great Artesian Basin is an important resource for the grazing industry in the semi-arid and arid areas of the Basin. The initial development of the Basin was a "free for all" in an open access environment. State governments now license bores to restrict the use of water, but...

The recent acceleration of regional and global integration of national economies has brought with it greater scrutiny of domestic policies that affect the competitiveness of industries in the international marketplace. Simultaneously, concerns about resource depletion and environmental...

This paper explores the likely impact of emissions trading design on transaction costs. Transaction costs include both the costs for the private sector to comply with the scheme rules and the costs of scheme administration. In economic theory transaction costs are often assumed to be zero. But...

The dynamics of a population and a resource are investigated in a maximin model based on Brander and Taylor’s stylization of Easter Island, in order to consider the sustainability of the society represented. There are continua of both regular and non-regular maximin solutions, the type...