Via Water Deeply, an interesting look at the potential for use of a cap-and-trade system for water conservation: CAP-AND-TRADE SYSTEMS ARE most notably used for controlling pollution, particularly related to climate change and greenhouse gas emissions. The idea has never yet been implemented when it comes to water conservation. But that could change. Cap-and-trade refers to a […]
Read more »Via Marfa Public Radio, a report on use of markets to manage groundwater uses in Texas: Fracking has dramatically increased the demand for water in the nation’s most productive oil field, Texas’ Permian Basin. Water usage has already risen sixfold since 2011, and according to research firm IHS Markit, demand will double again by the end of […]
Read more »Via Water Policy Online, an interesting report on a surprising tendency for people in Jordan to place a low monetary value on a reliable supply of water: Willingness to pay for a reliable supply of water among urban households in Jordan—one of the most water-scarce places on the planet- seems surprisingly low. What are the […]
Read more »Via Greenbiz, an interesting look at how blockchain automation in peer-to-peer energy trading and dispatch will transform the sector: Ron Pernick: Blockchain seems to be everywhere these days. Not only is it the basis for cryptocurrencies like bitcoin, it’s now being touted as the next big thing in peer-to-peer transactions for shopping, government services and […]
Read more »Via The Wall Street Journal, commentary on the power of markets to help manage our growing water scarcity issue: In the U.S., yields from four major crops will drop by as much as 40% on average by the end of the century due to a warming climate, according to a recent study in the journal Science. And […]
Read more »Via Aspen Journalism, a report on a new market mechanism aimed at saving water, namely a $15 million fund to compensate people throughout the Colorado River basin for using less water: When Freddie Botur, 45, whose ranch spans 72,000 acres outside of Pinedale, Wyoming, first heard about a program that was paying ranchers to let water […]
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