Water Licenses

We've all heard of buying and selling cars and homes and stuff but did you know farmers buy and sell water? Well they do. And now the Federal Government wants to join in the trade. It's offering millions of dollars to farmers in the Murray Darling Basin. We thought we'd find out why.
http://www.abc.net.au/btn/story/s2219596.htm

In managing the Basin’s natural resources, the MDBC is consistently aware of the crucial link between ‘profitability’ and ‘sustainability’. It promotes awareness of the need for changes to the management of the land and water resources of the Basin and is coordinating salinity management at a Basin scale; including monitoring the health of the Basin rivers and is also responsible for coordinating distribution of water from the Murray River to New South Wales, Victoria and South Australia. (read more: http://www.murrayriver.com.au/about-the-murray/murray-darling-basin/#water)

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