Jan 25 2012: "Thames Water has made a commitment to reduce abstraction from the Kennet aquifer" This commitment is useless unless some monetary incentives are enforced/given to reduce.
Jan 25 2012: Internalising the externality is only half the battle, the authorities should be a little more creative and seek a solution that incentivises both households and companies to not only reduce consumption, but replenish sources. It's not enough to put a brick in the cistern!
Jan 25 2012: Maybe some kind of market mechanism involving tradable permits, such as that used in carbon emissions schemes could be effective? Until an incentive scheme exists, companies won't take action. Regulation is not an approach that will return long term benefits, as there is no incentive to search for a greener, cleaner approach that will REPLENISH the river.
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A comment on Conversation: Is a market based solution suitable to save the River Kennet, in Marlborough, Wiltshire, UK?
A reply on Conversation: Is a market based solution suitable to save the River Kennet, in Marlborough, Wiltshire, UK?
u think that this is sustainable?
A comment on Conversation: Is a market based solution suitable to save the River Kennet, in Marlborough, Wiltshire, UK?
A comment on Conversation: Is a market based solution suitable to save the River Kennet, in Marlborough, Wiltshire, UK?
A comment on Conversation: Is a market based solution suitable to save the River Kennet, in Marlborough, Wiltshire, UK?
A comment on Conversation: Is a market based solution suitable to save the River Kennet, in Marlborough, Wiltshire, UK?
A comment on Conversation: Is a market based solution suitable to save the River Kennet, in Marlborough, Wiltshire, UK?
A comment on Conversation: Is a market based solution suitable to save the River Kennet, in Marlborough, Wiltshire, UK?