Grigg, Neil S., authorColorado State University, publisher2020-01-292020-01-292003https://hdl.handle.net/10217/199996http://dx.doi.org/10.25675/10217/199996Includes bibliographical references.23rd annual AGU hydrology days was held on March 31 - April 2, 2003 at Colorado State University.Three processes coincided in the first years of the 21st Century to create a water crisis in parts of the western United States. Rapid population growth, decline in construction of new water projects, and deep drought shocked water officials who thought their supplies were secure for at least a few years, and unexpected and drastic curtailments in water use were required. These experiences have been especially acute in Colorado, where parts of the state are experiencing the worst drought water shortages since settlement. The first part of the paper outlines the causes and nature of the drought water shortages and the second identifies policy needs. It is argued that if water security for regions can be achieved, building new storage should be easier because more public support will be available. In addition to more and "smarter" storage, the state needs more workable water markets. The idea of balance among regions will also help with that goal because regions can agree externally and internally on water transfers, thus facilitating water markets. Colorado has enough water for its future if it acts wisely. However, new institutional mechanisms to promote the interests of the state's regions can work to improve water availability within and among regions and look after environmental values.born digitalproceedings (reports)engCopyright and other restrictions may apply. User is responsible for compliance with all applicable laws. For information about copyright law, please see https://libguides.colostate.edu/copyright.Text