@CoyoteGulch how to avoid privatization of public resource a la Kern County water bank is necessary regulatory wrinkle to iron out
— Kelsey Cody (@kelseykccody) June 12, 2015
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In Colorado we have prior appropriation, the anti-speculation doctrine, and a long-lived and active water market, that have managed to keep the wolf at bay. Maximizing shareholder value is the wrong goal for the public’s water. Most water in Colorado is provided by local government entities.
Municipal use is a small part of the overall pie but large amounts of water are necessary for agriculture and the environment. You don’t want to squeeze either one too much. We’re not that good at forecasting the consequences of our engineering.
I asked Brad Udall if he thought the Colorado River Basin was in collapse. He said no, even in the worst case we should have 80% yield from the system. He said we have to use the water more wisely.
That is the definition of collapse: There is not enough water to stay status quo in the basin. This is at the same time that the environment requires that we undo some of our damage and share some water.
Click here to read my notes (Tweets) from the conference. (Scroll down to the bottom and read up from there. Tweets are published in reverse-chronological order.)