Environmental Water Markets And Regulation

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Environmental Water Markets and Regulation

Author : Katherine Owens
Publisher : Routledge
ISBN 13 : 1317293649
Total Pages : 218 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Environmental Water Markets and Regulation by : Katherine Owens

Download or read book Environmental Water Markets and Regulation written by Katherine Owens and published by Routledge. This book was released on 2016-11-18 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: River systems around the world are degraded and are being used unsustainably. Meeting this challenge requires the development of flexible regimes that have the potential to meet essential consumptive needs while restoring environmental flows. This book focuses on how water trading frameworks can be repurposed for environmental water recovery and aims to conceptualise the most appropriate role for law in supporting recovery through these frameworks. The author presents a comprehensive study of the legal frameworks in four jurisdictions: the States of Oregon and Colorado in the western United States; the province of Alberta in Canada; and the Murray-Darling Basin in Australia/Basin State of New South Wales. A close comparative analysis of these four jurisdictions reveals a variety of distinctive regulatory arrangements and collaborations between public and private actors. In all cases, the law has been deployed to steer and coordinate these water governance activities. The book argues that each regime is based on a particular regulatory strategy, with different conceptions of the appropriate roles for, and relationships between, various actors and institutions. Legal frameworks do not have the capacity to rationalise and provide an overarching and absolute solution to the complex environmental and governance issues that arise in the context of environmental water transactions. Rather, the role of law in this context needs to be reconceptualised within the paradigm of regulatory capitalism as establishing and maintaining the limits within which regulatory participants can operate, innovate and collaborate.

The Role of Government in Water Markets

Author : Vanessa Casado-Perez
Publisher : Routledge
ISBN 13 : 1317222695
Total Pages : 272 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis The Role of Government in Water Markets by : Vanessa Casado-Perez

Download or read book The Role of Government in Water Markets written by Vanessa Casado-Perez and published by Routledge. This book was released on 2016-12-19 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: While water is an increasingly scarce resource, most existing methods to allocate it are neither economically nor environmentally efficient. In these circumstances, water markets offer developed countries a form of regulatory response capable of overcoming many of the shortcomings of current water management. The debate on water markets is, however, a polarized one. This is mostly a result of the misunderstanding of the roles played by governments in water markets. Proponents mistakenly portrayed them as leaving governments, for the most part, out of the picture. Opponents, in turn, understand commodification of water and administration by public agencies as incompatible. Casado Pérez argues that both sides of the debate overlook that water markets require a deeper and more varied governmental intervention than markets for other goods. Drawing on economic theories of regulation based on market failure, she explains the different roles governments should play to ensure a well-functioning water market, and concludes that only the visible hand of governments can ensure the success of water markets. Casado Pérez proves her case by examining case studies of California and Spain to assess the success of their water markets. She explores why water markets were more extensively institutionalized in California than in Spain in the first ten years since their introduction and how the role of governments in each case study impacted water market operation. This unique analysis of governmental roles in water markets, alongside qualitative studies of California and Spain, offers valuable guidance to understand environmental markets and to face the challenges presented by water management in regions with periodical droughts.

Aquanomics

Author : Randy Simmons
Publisher : Routledge
ISBN 13 : 1351531379
Total Pages : 456 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Aquanomics by : Randy Simmons

Download or read book Aquanomics written by Randy Simmons and published by Routledge. This book was released on 2017-07-28 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water is becoming increasingly scarce. If recent usage trends continue, shortages are inevitable. Aquanomics discusses some of the instruments and policies that may be implemented to postpone, or even avoid, the onset of water crises. These policies include establishing secure and transferable private water rights and extending these rights to uses that traditionally have not been allowed, including altering in-stream flows and ecosystem functions. The editors argue that such policies will help maximize water quantity and quality as water becomes scarcer and more valuable. Aquanomics contains many examples of how this is being accomplished, particularly in the formation of water markets and market-like exchanges of water rights.Many observers see calamity ahead unless water supplies are harnessed and effectively conserved, and unless water quality can be improved. It is also clear that declining water quality is a serious problem in much of the world, as increasing human activities induce high levels of water degradation. Those who voice these concerns, argue the contributors to this volume, fail to consider the forces for improvement inherent in market political-economic systems that can address water issues. The contributors see water quality in economically advanced countries as improving, and they believe this establishes the validity of market-based approaches.

Smart Markets for Water Resources

Author : John F. Raffensperger
Publisher : Springer
ISBN 13 : 331955008X
Total Pages : 313 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Smart Markets for Water Resources by : John F. Raffensperger

Download or read book Smart Markets for Water Resources written by John F. Raffensperger and published by Springer. This book was released on 2017-04-20 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is trade in wholesale water so rare, when markets can actively trade bread, tractors, and electricity? This book shows that water markets fail because of high transaction costs, resulting in inefficient allocations and unpredictable environmental effects. To overcome these obstacles, this book proposes a trading mechanism called a smart market. A smart market is an auction cleared with optimization. A smart market can reduce the transaction costs of water trading, while improving the environmental outcomes. The authors show why a smart market for water is needed, how it would work, and how to implement it. The smart market described here uses a hydrology simulation of the water resource, user bids via the internet, and mathematical optimization, to maximize the economic value of water while meeting all environmental constraints. The book provides the background to understand the smart market for water, and the detail to help the reader start working on its application. The book explores topics such as: Why water should be more expensive near sensitive environmental locations, Ways to set initial allocations of water rights, The role of regulatory oversight, The prerequisites of a water market, and How to counter objections to water markets. The culmination of a decade of investigation, this book combines explanation, examples, and detail to inform policymakers, large water users, environmental organizations, researchers, and a thirsty public.

Markets for Water

Author : K. William Easter
Publisher : Springer Science & Business Media
ISBN 13 : 0585320888
Total Pages : 306 pages
Book Rating : 4.5/5 (853 download)

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Book Synopsis Markets for Water by : K. William Easter

Download or read book Markets for Water written by K. William Easter and published by Springer Science & Business Media. This book was released on 2007-08-20 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets for Water: Potential and Performance dispels many of the myths surrounding water markets and gives readers a comprehensive picture of the way that markets have developed in different parts of the world. It is possible, for example, for a water market to fail, and for the transaction costs in water markets to be excessive. Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading. These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers. Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.

Tapping Water Markets

Author : Terry L. Anderson
Publisher : Routledge
ISBN 13 : 1136486062
Total Pages : 218 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Tapping Water Markets by : Terry L. Anderson

Download or read book Tapping Water Markets written by Terry L. Anderson and published by Routledge. This book was released on 2012-08-06 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tapping Water Markets is about the past, present, and future of water markets. It compares water markets with political water allocation, documents the growth of water markets, and explores the ways in which water markets can be improved and implemented further. This book provides up-to-date information of where and why water shortages are occurring and where and why water markets are evolving to resolve conflicting water uses. Though the main focus is on the United States, it includes examples from other parts of the world to show how water markets are beginning to thrive. It contains institutional detail that is accessible to people who are not economic or hydrologic experts, and comes alive with numerous examples and case studies of water markets. The book begins with an analysis of water institutions as they have varied over time and location. It then covers a range of discrete water management topics including surface water allocation, groundwater management, environmental flows, and water quality trading. The book concludes with predictions about the future of water scarcity and the ability of water markets to shape that future more positively.

Water Markets

Author : Terry Lee Anderson
Publisher : Cato Institute
ISBN 13 : 9781882577439
Total Pages : 252 pages
Book Rating : 4.5/5 (774 download)

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Book Synopsis Water Markets by : Terry Lee Anderson

Download or read book Water Markets written by Terry Lee Anderson and published by Cato Institute. This book was released on 1997 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents examples of how water markets are working in the United States and abroad and examines the development of water law.

Water Markets

Author : Wheeler, Sarah A.
Publisher : Edward Elgar Publishing
ISBN 13 : 1788976932
Total Pages : 288 pages
Book Rating : 4.7/5 (889 download)

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Book Synopsis Water Markets by : Wheeler, Sarah A.

Download or read book Water Markets written by Wheeler, Sarah A. and published by Edward Elgar Publishing. This book was released on 2021-08-27 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring water scarcity issues in light of the growing crisis in global water management, this book examines the applicability of water markets. It provides an overview and understanding of the presence of water markets across the globe, analysing the ways in which different countries and regions are grappling with water scarcity.

The Role of Government in Water Markets

Author : Vanessa Casado-Perez
Publisher : Taylor & Francis
ISBN 13 : 1317222709
Total Pages : 251 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis The Role of Government in Water Markets by : Vanessa Casado-Perez

Download or read book The Role of Government in Water Markets written by Vanessa Casado-Perez and published by Taylor & Francis. This book was released on 2016-12-19 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: While water is an increasingly scarce resource, most existing methods to allocate it are neither economically nor environmentally efficient. In these circumstances, water markets offer developed countries a form of regulatory response capable of overcoming many of the shortcomings of current water management. The debate on water markets is, however, a polarized one. This is mostly a result of the misunderstanding of the roles played by governments in water markets. Proponents mistakenly portrayed them as leaving governments, for the most part, out of the picture. Opponents, in turn, understand commodification of water and administration by public agencies as incompatible. Casado Pérez argues that both sides of the debate overlook that water markets require a deeper and more varied governmental intervention than markets for other goods. Drawing on economic theories of regulation based on market failure, she explains the different roles governments should play to ensure a well-functioning water market, and concludes that only the visible hand of governments can ensure the success of water markets. Casado Pérez proves her case by examining case studies of California and Spain to assess the success of their water markets. She explores why water markets were more extensively institutionalized in California than in Spain in the first ten years since their introduction and how the role of governments in each case study impacted water market operation. This unique analysis of governmental roles in water markets, alongside qualitative studies of California and Spain, offers valuable guidance to understand environmental markets and to face the challenges presented by water management in regions with periodical droughts.

Against the Current: Privatization, Water Markets, and the State in Chile

Author : Carl J. Bauer
Publisher : Springer Science & Business Media
ISBN 13 : 1461564034
Total Pages : 173 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Against the Current: Privatization, Water Markets, and the State in Chile by : Carl J. Bauer

Download or read book Against the Current: Privatization, Water Markets, and the State in Chile written by Carl J. Bauer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1981 Chile's military government dictated a new Water Code that radically changed the country's previous water rights system by strengthening private property rights, favoring market incentives, and reducing state regulation. Against the Current: Privatization, Water Markets, and the State in Chile is the first empirical and interdisciplinary study of water markets in Chile, which is the leading international example of free market water policies. Against the Current: Privatization, Water Markets, and the State in Chile challenges the glowing reports given by neoliberals in Chile and the World Bank, showing that the results of this economic experiment have actually been rather mixed. Within the agricultural sector the Water Code has worked fairly well, although the market incentives to conserve water have been ineffective and water rights trading has been less active than expected. The Code's impact has been more negative at the level of river basins, where the institutional framework has revealed critical flaws in coordinating multiple water users and resolving conflicts. Against the Current: Privatization, Water Markets, and the State in Chile combines law, political economy, and geography to analyze the disadvantages, problems, and wider contexts of water markets. This book will appeal to everyone interested in property rights, market-friendly environmental policies, the political economy of sustainable development, and the intersection of economics with law and institutions.

Water Markets in the Americas

Author : Larry Simpson
Publisher : World Bank Publications
ISBN 13 : 9780821340882
Total Pages : 64 pages
Book Rating : 4.3/5 (48 download)

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Book Synopsis Water Markets in the Americas by : Larry Simpson

Download or read book Water Markets in the Americas written by Larry Simpson and published by World Bank Publications. This book was released on 1997 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 375. Social funds have proved to be important instruments for reaching the poor using community-based strategies. Yet, while there have been innovations in the design of these funds, the projects are much less participatory and demand-oriented than is commonly believed. This paper examines the extent to which social fund subprojects are designed to support community participation, demand orientation, and investment in local organizational capacity to achieve sustainability at the community level.

Water Trading and Global Water Scarcity

Author : Josefina Maestu
Publisher : Routledge
ISBN 13 : 0415638216
Total Pages : 378 pages
Book Rating : 4.4/5 (156 download)

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Book Synopsis Water Trading and Global Water Scarcity by : Josefina Maestu

Download or read book Water Trading and Global Water Scarcity written by Josefina Maestu and published by Routledge. This book was released on 2013 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water scarcity is an increasing problem in many parts of the world, yet conventional supply-side economics and management are insufficient to deal with it. One of the key water management options for water demand is water trading. This book explores the role of water trading, as an instrument of integrated water resources management.

Regulation of Urban Water Services. An Overview

Author : Enrique Cabrera Marcet
Publisher : IWA Publishing
ISBN 13 : 178040817X
Total Pages : 218 pages
Book Rating : 4.7/5 (84 download)

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Book Synopsis Regulation of Urban Water Services. An Overview by : Enrique Cabrera Marcet

Download or read book Regulation of Urban Water Services. An Overview written by Enrique Cabrera Marcet and published by IWA Publishing. This book was released on 2016-09-15 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technical regulation of urban water services: The Portuguese regulatory model of water and wastewater services. An integrated approach; Experiences and conclusions from regulation in England and Wales; Experiences and conclusions from regulation in Australia; Experiences and conclusions from regulation in Denmark; Experiences and conclusions from regulation in Latin America; The German benchmarking experience. An alternative to regulation; The assessment of water services from the point of view of multilateral organizations. The experience of the Inter-American Development Bank (IDB); Regulation in Spain from the perspective of the urban water services; Reasons that justify the regulation of urban water services in Spain; Can a regulator contribute to solve the problems of the urban water cycle in Spain?; Regulatory models. Conclusions

Economics of Water Resources: From Regulation to Privatization

Author : Nicolas Spulber
Publisher : Springer Science & Business Media
ISBN 13 : 940114866X
Total Pages : 364 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Economics of Water Resources: From Regulation to Privatization by : Nicolas Spulber

Download or read book Economics of Water Resources: From Regulation to Privatization written by Nicolas Spulber and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: The appearance of this Second Edition has been encouraged by the favorable reception of the first. This has offered us the opportunity to update the materials and to expand the exposition ofour central theses concerning (1) the integration of water quantity-quality issues and the treatment of water as a multi-product commodity, with the market playing a major role in determining water quality-discriminant pricing; (2) the drawbacks of public controls, regulation and enforcement, and the need to expand privatization of water supply and of water and wastewater treatment facilities to ensure their appropriate development and modernization through increased reliance on private capital; (3) the unification and centralization of water management on the river basin level in order to handle effectively the expanding pressures for water availability, for the elimination of waterborne disease, for extensive and effective pollution abatement as well as coping with the related issues of soil erosion, siltation in streams, channels, and reservoirs, protection against distress from drought and floods, and with the myriad problems relating to the environment, recreation, and navigation. We have maintained the division ofthe book into four major parts and 12 chapters.

Routledge Handbook of Water Economics and Institutions

Author : Kimberly Burnett
Publisher : Routledge
ISBN 13 : 1317916247
Total Pages : 524 pages
Book Rating : 4.3/5 (179 download)

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Book Synopsis Routledge Handbook of Water Economics and Institutions by : Kimberly Burnett

Download or read book Routledge Handbook of Water Economics and Institutions written by Kimberly Burnett and published by Routledge. This book was released on 2014-12-05 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing scarcity of freshwater worldwide brings to light the need for sound water resource modeling and policy analysis. While a solid foundation has been established for many specific water management problems, combining those methods and principles in a unified framework remains an ongoing challenge. This Handbook aims to expand the scope of efficient water use to include allocation of sources and quantities across uses and time, as well as integrating demand-management with supply-side substitutes. Socially efficient water use does not generally coincide with private decisions in the real world, however. Examples of mechanisms designed to incentivize efficient behavior are drawn from agricultural water use, municipal water regulation, and externalities linked to water resources. Water management is further complicated when information is costly and/or imperfect. Standard optimization frameworks are extended to allow for coordination costs, games and cooperation, and risk allocation. When operating efficiently, water markets are often viewed as a desirable means of allocation because a market price incentivizes users to move resources from low to high value activities. However, early attempts at water trading have run into many obstacles. Case studies from the United States, Australia, Europe, and Canada highlight the successes and remaining challenges of establishing efficient water markets.

In Search of Sustainable Water Management

Author : Douglas S. Kenney
Publisher : Edward Elgar Publishing
ISBN 13 : 1845424646
Total Pages : 203 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis In Search of Sustainable Water Management by : Douglas S. Kenney

Download or read book In Search of Sustainable Water Management written by Douglas S. Kenney and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume adeptly analyzes some of the most salient challenges that face water managers and policy makers: balancing private and public sector roles in water allocation, protecting environmental values and indigenous rights to water, avoiding transboundary water conflicts, and integrating the concept of sustainable development within water policies. . . the chapters in this book are comprehensive and well balanced. . . Kenney and his colleagues have put forth an important contribution to western water policy scholarship. They offer concrete ideas for sustainable water management in the western US informed by international cases, while acknowledging the West s unique political and social context. Tanya Heikkila, Journal of the American Water Resources Association Collectively the papers provide concise, insightful coverage of critical water problems in the US and carefully integrate relevant lessons from international water management into these discussions. Highly recommended. B.F. Hope, Choice Water issues in the American West share many similarities with those seen elsewhere in the world as population growth exacerbates longstanding problems of inappropriate water use and management. The contributors to this timely volume examine the universal challenge of sustainable water management to improve the use of water resources already developed and find ways to moderate our growing collective thirst. The volume begins with an exploration of the opportunities, arguments, and mechanisms for transferring lessons between the American West and foreign nations. Succeeding chapters cover individual issues such as: water allocation and the relationship between market mechanisms and government-based approaches, the challenge of environmental protection, the protection of cultural values with a focus on indigenous water rights, the significance of international and interstate rivers in promoting regional conflict and cooperation, and the role of water management in sustainable development. A comprehensive look at one of our most pressing issues, In Search of Sustainable Water Management will be of great interest to scholars and practitioners in the areas of water management, law, policy studies, economics, planning and public administration.

Reforming Water Law and Governance

Author : Cameron Holley
Publisher : Springer
ISBN 13 : 9811089779
Total Pages : 298 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Reforming Water Law and Governance by : Cameron Holley

Download or read book Reforming Water Law and Governance written by Cameron Holley and published by Springer. This book was released on 2018-04-27 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies the most effective water policy tools and innovations, and the circumstances that foster their successful implementation by taking a comparative look at a world-leading ‘laboratory’ of water law and governance: Australia. In particular, the book analyses Australia’s 20-year experience implementing a hybrid governance system of markets, hierarchical regulation, and collaborative integrated water planning. Australia is acknowledged as a world leader in water governance reform, and an examination of its relatively mature water law and governance system has great significance for many international academics and jurisdictions. This book synthesises practical lessons and theoretical insights from Australia, as well as recommendations from comparative analysis with countries such as the United States to provide useful guidance for policymakers and scholars seeking to apply water instruments in a wide range of policy contexts. The book also advances our understanding of water and broader environmental governance theory and is a valuable reference for scholars, researchers and students working in law, regulation and governance studies – especially in the field of water and environmental law. Chapter “Lessons from Australian water reforms: Indigenous and environmental values in market-based water regulation” is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.