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Environmental Water Markets and Regulation - A comparative legal approach (Hardcover)
Loot Price: R4,175
Discovery Miles 41 750
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Environmental Water Markets and Regulation - A comparative legal approach (Hardcover)
Series: Earthscan Studies in Water Resource Management
Expected to ship within 12 - 17 working days
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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.
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