Water rights and water trading in England and Wales

<p>This policy brief discusses the role of ‘rights’ in water use and water trade in the context of climate change. Abstraction rights and their ownership are related to water ‘commons’ and traditional riparian rights. When the demand for water (including water for the environment) exceeds the...

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التفاصيل البيبلوغرافية
المؤلف الرئيسي: Stern, J
التنسيق: Record
اللغة:English
منشور في: 2013
الموضوعات:
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author Stern, J
author_facet Stern, J
author_sort Stern, J
collection OXFORD
description <p>This policy brief discusses the role of ‘rights’ in water use and water trade in the context of climate change. Abstraction rights and their ownership are related to water ‘commons’ and traditional riparian rights. When the demand for water (including water for the environment) exceeds the available supply in some regions, there is a need to encourage trade both in water licence rights and in bulk water.</p> <p>This position has been reached in England and Wales and the problems are likely to increase in coming years and decades. The policy brief presents the implications of this for the definition and operation of property rights in water, including options for abstraction licence reform.</p> <p>The policy brief concludes with a discussion of a model which redefines water abstraction rights in terms of percentage shares of available water rather than in physical units.</p> <p>The ‘water shares’ approach to water pricing and trade has become arguably the leading option for abstraction reform. An abstraction mechanism of this type can make a major contribution to commodifying the use of water while ensuring sufficient water for ‘the environment’. By providing secure property rights and ensuring that trade reflects security, water rights and water trading are not just reconciled but can reinforce one another.</p>
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spelling oxford-uuid:306f9adb-f92c-4b3b-a1a6-574bac30898c2022-03-26T13:01:26ZWater rights and water trading in England and WalesRecordhttp://purl.org/coar/resource_type/c_1843uuid:306f9adb-f92c-4b3b-a1a6-574bac30898cSocio-legal studiesEnglishOxford University Research Archive - Valet2013Stern, J<p>This policy brief discusses the role of ‘rights’ in water use and water trade in the context of climate change. Abstraction rights and their ownership are related to water ‘commons’ and traditional riparian rights. When the demand for water (including water for the environment) exceeds the available supply in some regions, there is a need to encourage trade both in water licence rights and in bulk water.</p> <p>This position has been reached in England and Wales and the problems are likely to increase in coming years and decades. The policy brief presents the implications of this for the definition and operation of property rights in water, including options for abstraction licence reform.</p> <p>The policy brief concludes with a discussion of a model which redefines water abstraction rights in terms of percentage shares of available water rather than in physical units.</p> <p>The ‘water shares’ approach to water pricing and trade has become arguably the leading option for abstraction reform. An abstraction mechanism of this type can make a major contribution to commodifying the use of water while ensuring sufficient water for ‘the environment’. By providing secure property rights and ensuring that trade reflects security, water rights and water trading are not just reconciled but can reinforce one another.</p>
spellingShingle Socio-legal studies
Stern, J
Water rights and water trading in England and Wales
title Water rights and water trading in England and Wales
title_full Water rights and water trading in England and Wales
title_fullStr Water rights and water trading in England and Wales
title_full_unstemmed Water rights and water trading in England and Wales
title_short Water rights and water trading in England and Wales
title_sort water rights and water trading in england and wales
topic Socio-legal studies
work_keys_str_mv AT sternj waterrightsandwatertradinginenglandandwales