I only know what I read in the paper these days about the Metropolitan Water District, Southern California’s giant water wholesaler. But it sure looks from this LA Times story as though the Met is trying to use market mechanisms to impose a 10 percent reduction in deliveries:
The Metropolitan Water District, which imports water from the Sacramento-San Joaquin delta and the Colorado River and sells it to local water districts, will achieve the reductions by imposing penalty rates. Local utilities that use more than their allocation will have to pay more.
Am I understanding this correctly, David?