Environmental Management Problem

The word length MUST NOT exceed 1000 words.

Assignment:
Identify an environmental management problem which in your opinion is currently being managed in a sub-optimal manner. As an individual, prepare a written report on the nature of this management problem from the view point of a National Government Agency (i.e.: United States Treasury, ABARES, Productivity Commission, etc.) or an International Organisation (i.e.: OECD, FAO, etc).
This report should include (1) a clear identification of the environmental management problem and associated economics, (2) a proposition of a policy or a series of policy interventions which are consistent with improved “optimal” management of the environmental resource, and (3) a well articulated justification of why this proposition would be beneficial for the stakeholders (consumers, producers, government, society, etc.).
You will be assessed on your ability to articulate each of these points with reference to economic theory, models and/or empirical evidence relevant to environmental economics.
Notes:
1) The briefing should be prepared in a concise manner; the word limit (including tables, figures) is 1000 words. The reference list is not included in the word count. Word counts substantially in excess of this limit (say, greater than 20%) will not be assessed.
2) Note that materials presented in lectures and tutorials should be helpful in your preparation of this assignment.
3) You must include a reference list, presented in the style of an appropriate Journal. Consistency in referencing style is key, the choice of journal style is not.
4) The assignment must be presented in a typed format.