The Importance of Rivers

One of my Twitter friends (I wish I could remember who to share credit) pointed out how much this photo, taken last month by an unnamed member of the International Space Station crew, tells us about rivers and human society:

The View of Mead From Upstream

Folks on the Colorado River upstream of Lake Mead are sounding a little nervous. Dennis Webb had a very nice piece in the Grand Junction Sentinel over the weekend taking stock. Meet Colorado rancher Carlyle Currier: When he hears that Lake Mead’s water level is at a historic low, he worries about the degree to …

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Stuff I Wrote Elsewhere: The “Festering Issue” of NM Domestic Wells

From the morning paper, a quick look at the New Mexico Court of Appeals decision on the state’s domestic well statute (sub/ad req): New Mexico’s law giving homeowners the right to drill their own water well is legal and does not unfairly harm other water users in violation of the state constitution, according to the …

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Stuff I Wrote Elsewhere: NM Water Rights Ruling

My education in economics included a lot of discussion of the importance of clarity in property rights regimes. You’ve got to know who owns what. New Mexico water law in this regard is a tangled mess. In large areas of the state, we lack formal adjudication of water rights. We do know some things about …

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Energy and Water in the California Desert

Osha Gray Davidson, writing about yesterday’s Blythe Solar Power Project announcement, highlights a key issue: [T]he project will now have a much smaller “water footprint” thanks to a decision to use air cooling, which consumes no water, at the cost of somewhat reduced efficiency. Cynthia Barnett, a noted water expert and author, calls the Blythe …

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Powell and Watersheds in the 21st Century

John Wesley Powell, the 19th century explorer, scientist and visionary who first tried to map and explain the West’s water resources, famously argued that government jurisdictions should be established based on watershed boundaries. He was ignored on this point (as he was on others). But I’ve been playing recently with an argument that elaborates on …

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River Beat: The Investment Perspective

Investors need to take long term water supply risks into account as they think about municipal bonds, according to a new analysis by the environmental-investor group Ceres published this week: The report shows that some of the nation’s largest public utilities may face moderate to severe water supply shortfalls in the coming years, yet these …

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