Daily Bulletin

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The Murray-Darling Basin shows why the 'social cost of water' concept won't work

  • Written by Sarah Ann Wheeler, Professor in Water Economics, University of Adelaide
The Murray-Darling Basin shows why the 'social cost of water' concept won't work Kate McBride

Access to safe, clean water is a basic human right. But water scarcity or barriers to access can cause conflict within and between countries.

Fights over water can be expected to intensify as the world warms, evaporation increases and rainfall becomes less predictable. So we’ll need to work even harder to resolve disputes and...

Read more: The Murray-Darling Basin shows why the 'social cost of water' concept won't work

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