Managing freshwater: how to value the priceless
Improving New Zealand's freshwater management system is vital, but politically fraught, says Eric Crampton of the New Zealand Initiative. The think-tank has released a report calling for a "cap and trade" system to achieve the Government's objectives.
Last October, Minister for the Environment David Parker announced a two-year agenda for an improved freshwater management system. Following on from an election campaign in which freshwater m