Wednesday, February 07, 2007

Water allocations to be traded on eBay?

The digital realm has also been saturated with talk on water and climate change, especially around a new water trading system. One suggestion by the Wentworth Group’s economist Mike Young has been for household water to be traded on eBay. Young’s position is that only when a real price is put on water will people take action. I think eBay could also be used for carbon credit trading, enabling access by all sectors of the community.

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