Opportunity costs of restoring environmental flows to the Snowy River

Liam Wagner, John Quiggin and David Adamson

No 149875, Risk and Sustainable Management Group Working Papers from University of Queensland, School of Economics

Abstract: 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: Environmental Economics and Policy; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 18
Date: 2008-02
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Working Paper: Opportunity costs of restoring environmental flows to the Snowy River (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uqsers:149875

DOI: 10.22004/ag.econ.149875

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