Water transfers in California: 20 years of progress, view to the future
Throughout the 1980's the California Legislature authored changes to California law that encouraged market-based water transfers as an alternative to development of new water supplies. At that time, and continuing to the present, projections in the California Water Plan were that many regions throughout the State would be short of water by 2020. The belief was that market reallocation of existing developed water supplies would reduce environmental impacts associated with water supplies and allow water to go to higher economic uses. Notwithstanding the new legislation, water supply conditions ...
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