Opportunity costs of restoring environmental flows to the Snowy River

Liam Wagner, John Quiggin and David Adamson

No WP3M08, Murray-Darling Program Working Papers from Risk and Sustainable Management Group, University of Queensland

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: Snowy river; water; environmental flows (search for similar items in EconPapers)
JEL-codes: D81 Q25 (search for similar items in EconPapers)
Date: 2008-03
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http://www.uq.edu.au/rsmg/WP/WPM08_3.pdf (application/pdf)

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Working Paper: Opportunity costs of restoring environmental flows to the Snowy River (2008)
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