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Land retirement: a biodiversity policy for the rangelands of Western N.S.W.

Fraser, Iain and Hone, Phillip 2001, Land retirement: a biodiversity policy for the rangelands of Western N.S.W., Australian journal of environmental management, vol. 8, no. 1, pp. 49-63.

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Title Land retirement: a biodiversity policy for the rangelands of Western N.S.W.
Author(s) Fraser, Iain
Hone, Phillip
Journal name Australian journal of environmental management
Volume number 8
Issue number 1
Start page 49
End page 63
Publisher Environment Institute of Australia
Place of publication Melbourne, Vic.
Publication date 2001-03
ISSN 1322-1698
Summary In this article we examine land retirement as a biodiversity policy option for the rangelands of Western NSW, a region seriously under-represented in biodiversity provision. We argue that the use of policies that rely on moral suasion, education and minimal costsharing will not yield the level of on-farm biodiversity provision demanded by society. Instead, a much greater commitment to the use of monetary incentives to induce the voluntary cooperation and production of biodiversity is required. The analysis explains the importance in policy design of determining transparent, meaningful and achievable objectives in delivering cost-effective environmental outcomes. We propose a land retirement
policy that rakes account of environmental, economic and political criteria. Finally, our land retirement proposal is supported quantitatively by benefit-cost analysis.
Language eng
Field of Research 140205 Environment and Resource Economics
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2001
Persistent URL http://hdl.handle.net/10536/DRO/DU:30006429

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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