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How Much Is Water Worth? Why A Billionaire-Owned Stake In A California Water Bank Could Be Worth More Than $1 Billion

How much is access to water worth? In this episode, we aim to answer that question by looking at the Kern Water Bank, one of California’s largest underground water storage facilities. From above, it looks a lot like a giant puddle. But underneath it has the capacity to hold the equivalent of roughly 500 of New York City’s Central Park Reservoirs. And, as one expert says, it’s the “absolute jewel” of California water banking.

‘Extreme Year’: Past 12 Months Among the Driest Ever in California History

The current ongoing two-year dry period in California, punctuated by the third-driest water year on record for the Central Sierra, is part of California’s overall arid fate so far in the 21st century, according to the state Department of Water Resources.

The Golden State’s hydrology now increasingly resembles conditions in the Colorado River Basin this century, where multiple, consecutive, drier-than-average years are mixed with an occasional wet year. California’s last wet water year was 2016-2017, the second-wettest on record.

Lake Tahoe Falls to Alarmingly Low Level – Environmental Impacts Could Result

This week, a historically dry period in California will come to bear at Lake Tahoe, where the water level is expected to sink below the basin’s natural rim. That’s the point at which the lake pours into its only outflow, the Truckee River.

It’s not a crisis, researchers and conservationists say, but it marks another extreme swing for Tahoe amid historic drought, wildfires and erratic weather, all intertwined with climate change and becoming more prominent aspects of the alpine environment.

Why Southern California Fears Too Much Water Conservation

As Gov. Gavin Newsom weighs new mandatory drought restrictions, Southern California leaders fear cuts in urban water use could force already sky-high water bills ever higher.

Unlike much of Northern and Central California, the region isn’t hurting for water, yet. Top water officials insist they have enough supplies for at least one more hot summer, perhaps two.

Precautions in Place to Protect County’s Drinking Water from Oil Spill

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As Drought Worsens, California Farmers Are Being Paid Not to Grow Crops

Green fields of alfalfa and cotton rolled past as Brad Robinson drove through the desert valley where his family has farmed with water from the Colorado River for three generations. Stopping the truck, he stepped onto a dry, brown field where shriveled remnants of alfalfa crunched under his boots.

The water has been temporarily shut off on a portion of Robinson’s land. In exchange, he’s receiving $909 this year for each acre of farmland left dry and unplanted. The water is instead staying in Lake Mead, near Las Vegas, to help slow the unrelenting decline of the largest reservoir in the country.

Helix Water District Does About-Face with Shutoff Plan for Non-Paying Customers

Helix Water District customers who have had trouble paying their bills during the COVID-19 pandemic will be spared having their water turned off by the La Mesa-based water providers.

The five-member Helix Water District Board of Directors unanimously voted on Wednesday to delay the resumption of shutoffs for nonpayment until Jan. 1, to be consistent with Senate Bill 155, which was signed by Governor Newsom on Sept. 23. Among other things, the new law extends the moratorium on termination of water service for nonpayment until the end of the year.

Drought Emergency: Dublin San Ramon Services District Raises Rates Amid Stage 2 Water Shortage

The Dublin San Ramon Services District Board of Directors has approved stage 2 water shortage rates in response to worsening drought conditions in California.

As with other local water agencies, the DSRSD already declared a state 2 water shortage emergency, mandating a 15 percent conservation in water use from customers compared to 2020.

Southwest Conditions Historically Dry Since 2020, Report Finds

People who live in the Southwest know it’s been especially hot and dry the past couple of years, but a new government report shows those conditions are actually historic.

Precipitation across multiple basins in six states from January 2020 through August 2021 was the lowest recorded since researchers started tracking with gauges in the late 1800s.

Teams from Unified Command Test Water, Soil at San Onofre in Response to OC Oil Spill

Officials said Sunday that no oiled wildlife has been located in San Diego County from last weekend’s massive oil spill off the coast of Orange County.

Meanwhile, San Diegans can expect to see shoreline cleanup assessment teams and contracted crews in protective gear monitoring, inspecting and cleaning San Diego County beaches.