An integrated strategy to enhance profitability and environmental compliance in the Australian sugar industry

Mallawaarachichi, Thilak, Monypenny, Richard, and Rayment, George E. (2002) An integrated strategy to enhance profitability and environmental compliance in the Australian sugar industry. In: UNSPECIFIED, pp. 99-106. From: Proceedings of the Australian Society of Sugar Cane Technology (ASSCT) Annual Conference, Cairns.

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Abstract

As a mature industry, the Australian sugar industry faces a new set of challenges. While striving for profitable production, the industry is addressing the difficult task of ensuring that the environmental impact of industry practices is acceptable to the broader community. Achieving these twin goals in the medium to long term requires strategies and actions to guide optimal resource use. Cleaner production strategies that offer incentives to promote efficient production and minimise net social costs of industry operations are needed.

This paper examines how to solve the problem of clean production in cane growing. As a component of a broader study, this paper identifies the essential dimensions for designing a strategy to minimise the total cost of compliance with environmental requirements. Policy insights are derived in the light of an integrated economic-environmental analysis applied to nutrient management, employing best available scientific information. This approach moves away from the traditional reactive management style towards a strategic preventive regime aimed at developing an integrated safeguard system to achieve triple-bottom-line performance in the industry.

Item ID: 1881
Item Type: Conference Item (UNSPECIFIED)
Keywords: regional development, nutrient management, environmental compliance, policy analysis, economics
Additional Information:

This version of the paper is the version in the Proceedings.

ISSN: 0726-0822
Date Deposited: 12 Jun 2008
FoR Codes: 14 ECONOMICS > 1402 Applied Economics > 140218 Urban and Regional Economics @ 100%
SEO Codes: 96 ENVIRONMENT > 9609 Land and Water Management > 960999 Land and Water Management of Environments not elsewhere classified @ 100%
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