A Cap-And-Trade System of Water Conservation and Resiliency

California has struggled with drought for most of the last decade. From 2011-2015, the state experienced the driest four-year stretch in recorded history, leading to unprecedented water restrictions for residents, including a state mandate to reduce water use by 25 percent. Heavy precipitation last winter relieved much of California, but dry conditions linger. Wildfires raged during the fall and early winter months, ravaging towns and hillsides from Los Angeles to Santa Rosa.