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The Howard Government’s proposal to give the Commonwealth control of the Murray-Darling River system is welcome news. The government will spend $1.5 million paying farmers to reduce their water usage – $500 million to reduce evaporation and seepage, about $500 million on improving river flows and $500 million will be given to the Bureau of [...] Over a decade ago I wrote a paper (‘Forest Rotation and Streamflow Benefits’, Australian Journal of Forestry, 1994) that looked at optimizing the total water supply plus timber benefits from logging in a water catchment – specifically the Thomson River catchment.When trees are of intermediate size and growing fast they cut into water yields simply [...] The Stage 3 water restrictions that are being used to restrict household water consumption in Melbourne arise because water is under-priced so that an excess demand for it must be dealt with by means of restrictions. The main implication for households is that gardens in Melbourne can only be hosed twice a week for [...] |
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