Staci Matlock at the Santa Fe New Mexican wrote a good primer over the weekend about the difference between water rights and actual water here in New Mexico:
Real water: That’s wet water, the stuff one needs for drinking, washing clothes, growing food, building houses and cooling power plants.
Paper water: The piece of paper that says how much real water someone has the legal right to use.
The problem: New Mexico has more paper water than real water.
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