Girl Planting seeds

Giving environmental water to drought-stricken farmers sounds straightforward, but it's a bad idea

Deputy Prime Minister Michael McCormack last week suggested the government would look at changing the law to allow water to be taken from the environment and given to farmers struggling with the drought.  This is a bad idea for several reasons. First, the environment needs water in dry years as well as wet ones. Second, unilaterally intervening in the way water is distributed between users undermines the water market, which is now worth billions of dollars. And, third, in dry years the environment gets a smaller allocation too, so there simply isn't enough water to make this worthwhile.  Read more...
 

 

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