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Sold Down the River

Sold Down the River

How Robber Barons and Wall Street Traders Cornered Australia's Water Market

by Scott Hamilton and Stuart Kells
Paperback
Publication Date: 31/08/2021

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Two insiders expose the shocking and shameful betrayal of Australia's regional heartland so international bankers and traders could make a quick buck.

The Murray-Darling Basin is Australia's greatest environmental asset. The story of water in Australia is written into its ancient rivers, creeks and wetlands. It's home to more than forty Indigenous nations, and it covers an area bigger than France. It is the beating heart of our regions and sustains 40 per cent of our food production.

In 2012 Australia signed up to the Murray-Darling Basin Plan, a scheme designed to create a market for the Basin's water and to safeguard the environment.

But the Plan has gone horribly wrong. It has sold our farmers and rural communities down the river. It has contributed to appalling environmental damage on the planet's driest inhabited continent. It has allowed a ruthless market to form, exploited by traders who buy and sell water as if it were a currency like Bitcoin.

Scott Hamilton and Stuart Kells, both experts in public policy, have interviewed irrigators, farmers, Traditional Custodians and water traders to tell this disastrous story. In doing so, they bring to light how we have failed to protect our most precious natural resource.

You can't understand Australia without understanding water. Sold Down the River is compulsory reading for all of us.
ISBN:
9781922458124
9781922458124
Category:
Pollution & threats to the environment
Format:
Paperback
Publication Date:
31-08-2021
Publisher:
Text Publishing
Country of origin:
Australia
Pages:
336
Dimensions (mm):
234x154x25mm
Weight:
0.41kg
Stuart Kells

Historian Stuart Kells has twice won the Ashurst Business Literature Prize, and has been shortlisted for the Prime Minister's Literary Award, the NSW Premier's General History Prize and the University of Queensland Non-Fiction Book Award. Kells' shorter pieces have appeared in The Paris Review, The Times, Lapham's Quarterly, Smithsonian, The Guardian, National Geographic Traveller and The Daily Beast. He is Adjunct Professor at La Trobe University's College of Arts, Social Sciences and Commerce, and a member of the Abbotsford Convent Foundation Board.

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