The report Woodchipping Our Water assesses how the logging of mature forests in the Goulburn River catchment threatens the enormous water production and carbon sequestration potential of the region.
The Goulburn River is one of Australia’s most important and degraded river systems. It supplies water to many regional towns and cities, including Shepparton, Bendigo and Ballarat. The Goulburn also supports Victoria’s major irrigation industries and its flows are vital to the health of the Murray River system.
The report finds that if logging in the study area stopped tomorrow, an additional water yield of 3,807 gigalitres would be delivered into the Goulburn River over the next 100 years. This is more than six times Melbourne’s annual average water use and around 165 times the amount of water the City of Bendigo uses in a single year. The economic value of this water would be $1.68 billion.