Part 1. Introduction -- pt. 2. The water sector -- 1. Lessons from Australia's first practical experiment in integrated microeconomic and environmental reform / Tim Fisher -- 2. Microeconomic reform and the environment: a view from the water sector / David Evans and Andrew Amos -- 3. Discussion: the water sector -- pt. 3. The electricity sector -- 4. Impact of microeconomic reform on greenhouse gas emissions from the electricity sector / Clive Hamilton and Richard Denniss -- 5. Microeconomic reform and the environment: the electricity sector / Margaret Beardow and Harry Schaap -- 6. Discussion: the electricity sector -- pt. 4. The transport sector -- 7. Microeconomic reform and the environment in the transport sector / Tony Slatyer -- 8. Transport and global warming: catastrophe or concoction? / John Paterson -- 9. Discussion: the transport sector -- pt. 5. The forest sector -- 10. Australian forests: marching towards micro efficiency, stumbling towards sustainability? / John Marsden -- 11. Microeconomic reform and forest environments / Hans Drielsma -- 12. Discussion: the forest sector -- pt. 6. Panel discussion -- 13. Panel discussion / Graeme Samuel, Anwen Lovett, Stephen Dovers, Molly Harriss Olson -- pt. 7. Summary -- 14. Summary / Mike Young -- 15. Epilogue / Neil Byron