Showing 1 - 10 of 31
Declining water quality as a result of increased nutrient leaching is a serious and growing concern, both internationally and in New Zealand. Water pollution issues have traditionally been addressed with command-and-control type regulation, but market-based nutrient trading schemes are becoming...
Persistent link: https://www.econbiz.de/10009393245
This paper examines six different approaches to nutrient management, and simulates the economic costs and environmental impacts associated with them using NManager, a partial equilibrium simulation model developed by Motu and NIWA, the National Institute for Water and Atmospheric Research. We...
Persistent link: https://www.econbiz.de/10009393246
Pastoral farming can result in adverse environmental effects such as nitrogen leaching and greenhouse gas emissions. However, the cost of mitigation and hence the socially appropriate level of tolerance for environmental effects is still unclear. Research to date within New Zealand has either...
Persistent link: https://www.econbiz.de/10010856278
Risk (and often the certainty) of adverse environmental outcomes motivates environmental regulation; other risks also … helps manage other risks. However regulation not only mitigates risks, it also creates them. While the literature has … explored some aspects of risk and economic instruments in great detail, other risks have been largely ignored. Actual and …
Persistent link: https://www.econbiz.de/10010712598
This paper clarifies how the benefits and costs of water quality improvements in Lake Rotorua are likely to be shared in the absence of a trading system; presents different perspectives on and principles for deciding how costs should be allocated; and then shows how different options for initially...
Persistent link: https://www.econbiz.de/10008565741
Water quality in Lake Rotorua has been declining for at least the last 30 years as increased levels of nutrients have entered the lake. Despite significant effort and expenditure, the level of nutrients entering the lake still exceeds sustainable levels. A nutrient trading system would help the...
Persistent link: https://www.econbiz.de/10005230609
A nutrient trading system is one mechanism that is currently being considered to control and reduce nutrient loss into Lake Rotorua. However this may not be the best mechanism for controlling nutrient loss from all sources. A more comprehensive system improves efficiency and decreases market...
Persistent link: https://www.econbiz.de/10005230611
A number of decisions need to be made when setting up a nutrient trading system including defining a target, allocating allowances and setting up a monitoring system. To ensure that the nutrient trading system implemented operates in harmony with existing regulation, existing work and...
Persistent link: https://www.econbiz.de/10005413300
This paper explores how to enhance the role for academic research (natural sciences, economics and their integration; and stakeholder management) within the development and implementation of water quality policy in New Zealand. Our focus is on the use of market based instruments and particularly...
Persistent link: https://www.econbiz.de/10005413307
Lake Rotorua is experiencing increasing nutrient-related water quality problems. This paper is one in a series that explores the idea of creating a nutrient trading system as part of the ongoing policy response to this problem.1 Most of the current nutrient flows to the Lake come from non-point...
Persistent link: https://www.econbiz.de/10005413343