A king’s ran­som: Pub­lic ben­e­fit within a mod­ern en­ergy land­scape

AQ: Australian Quarterly - - REFERENCES - SA­MAN­THA HEP­BURN

Aus­tralia has an abun­dance of nat­u­ral re­sources and when these re­sources re­side within the land, they are sub­ject to state own­er­ship; the state must look af­ter those re­sources for the ben­e­fit of the pub­lic as a whole. Yet pub­lic ben­e­fit in this con­text has never been fully de­fined and is there­fore grounded in unar­tic­u­lated as­sump­tions. Cur­rent gov­er­nance mech­a­nisms are un­re­spon­sive to broader so­cial con­texts, gen­er­ally treat­ing eco­nomic ben­e­fit as the only true con­sid­er­a­tion. The times are chang­ing and it’s about time our pub­lic re­source gov­er­nance does too.

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