@article{Grafton:333758,
      recid = {333758},
      author = {Grafton, Rupert Quentin},
      title = {Policy review of water reform in the Murray– Darling  Basin, Australia: the “do’s” and “do’nots”},
      journal = {Australian Journal of Agricultural and Resource Economics},
      address = {2019-01-01},
      number = {428-2023-652},
      month = {Jan},
      year = {2019},
      abstract = {The water reforms undertaken in the Murray–Darling Basin,  Australia since 2007 have been viewed as a model for other  countries seeking to respond to water insecurity. Here, a  policy review is provided of this water reform and whether  it delivers on key environmental objectives in the 2007  Water Act (the Act). The evaluation includes a review of  the 2012 Basin Plan, a key instrument of the Act, and  complementary policies associated with the acquisition of  water entitlements for the environment via direct (reverse  tenders) and indirect (infrastructure subsidies) means.  Using the objects of the Act as a benchmark, an evaluation  is provided of the following: (i) planned reductions in  irrigation water extractions in the 2012 Basin Plan; (ii)  risks associated with the 2018 amendments to the Basin Plan  that, collectively, allow for an increase in irrigation  water extractions of some 22 per cent, relative to the  sustainable diversion limits specified in the 2012 Basin  Plan; (iii) Basin-scale environmental outcomes achieved, as  of the end of 2018; and (iv) economic effects of direct and  indirect methods of acquiring water for the environment.  Findings from the review generate the “Do’s” and “Do Nots”  of water reform for Australia, and possibly other  countries, when managing the trade-offs between water for  irrigation and the environment.},
      url = {http://ageconsearch.umn.edu/record/333758},
      doi = {https://doi.org/10.22004/ag.econ.333758},
}