It’s not just skiers who have been whipsawed this season between fear of another dry winter and delight over the epic January snowfall in the Sierra Nevada. Also paying close attention: water wonks. Why? Because melting Sierra snow provides somewhere between one-third and one-half of California’s water supply. What determines just how much water is […]
The Department of Water Resources (DWR) today announced a statewide increase in State Water Project allocations for 2019. The majority of SWP contractors now stand to receive 15 percent of their requests for the 2019 calendar year, up from the initial 10 percent announced in December. Allocations are based on conservative assumptions and may change […]
Municipal bond buyers spent most of Wednesday in a defensive stance as the Federal Reserve met to decide the course of monetary policy. The Federal Open Market Committee voted unanimously to keep the target range for the federal funds rate at 2.25% to 2.5%. The Fed “will be patient as it determines what future adjustments […]
Earlier this week, the Star interviewed longtime Arizona Sierra Club leader Sandy Bahr on her view that the proposed Colorado River drought contingency plan legislation for Arizona is a pathway to unsustainable growth, not a bridge to a sustainable Colorado River future. Today, Kevin Moran, leader of an Arizona environmental coalition backing the drought plan, […]
For years, advocates for a drought-contingency plan for the Colorado River have said it’s all that stands between us and catastrophe for Lake Mead. They say the plan, by limiting our take from the lake for the Central Arizona Project for the next seven years, will prevent or at least delay the time that the […]
Arizona lawmakers appear on track to pass a Colorado River drought plan, with less than 30 hours to go before a critical federal deadline. A state Senate committee voted 6-1 Wednesday evening to pass a pair of measures that outline how the state would share looming cutbacks on the river’s water and work with other states to take […]
Why We Can’t Stop Talking About California’s Sierra Snowpack
/in California and the U.S., Media Coverage /by Mike Lee /KQED (San Francisco)by Peter ArcuniIt’s not just skiers who have been whipsawed this season between fear of another dry winter and delight over the epic January snowfall in the Sierra Nevada. Also paying close attention: water wonks. Why? Because melting Sierra snow provides somewhere between one-third and one-half of California’s water supply. What determines just how much water is […]
State Water Project Allocations Increased To 15 Percent
/in California and the U.S., Media Coverage, Uncategorized /by Mike Lee /The Independent (Livermore)The Department of Water Resources (DWR) today announced a statewide increase in State Water Project allocations for 2019. The majority of SWP contractors now stand to receive 15 percent of their requests for the 2019 calendar year, up from the initial 10 percent announced in December. Allocations are based on conservative assumptions and may change […]
Munis Strong As Fed Keeps Rates Steady
/in California and the U.S., Media Coverage /by Mike Lee /The Bond Buyer (New York)by Chip Barnett Mentioned: San Diego County Water AuthorityMunicipal bond buyers spent most of Wednesday in a defensive stance as the Federal Reserve met to decide the course of monetary policy. The Federal Open Market Committee voted unanimously to keep the target range for the federal funds rate at 2.25% to 2.5%. The Fed “will be patient as it determines what future adjustments […]
Environmental Coalition Supports Arizona Drought Plan, Counters Sierra Club Concerns
/in California and the U.S., Media Coverage /by Mike Lee /Arizona Daily Star (Tuscon)by Tony DavisEarlier this week, the Star interviewed longtime Arizona Sierra Club leader Sandy Bahr on her view that the proposed Colorado River drought contingency plan legislation for Arizona is a pathway to unsustainable growth, not a bridge to a sustainable Colorado River future. Today, Kevin Moran, leader of an Arizona environmental coalition backing the drought plan, […]
Sierra Club Lobbyist: Drought Plan Supports Unsustainable Growth, Farming Practices
/in California and the U.S., Media Coverage /by Mike Lee /Arizona Daily Star (Tuscon)by Tony DavisFor years, advocates for a drought-contingency plan for the Colorado River have said it’s all that stands between us and catastrophe for Lake Mead. They say the plan, by limiting our take from the lake for the Central Arizona Project for the next seven years, will prevent or at least delay the time that the […]
Colorado River Drought Plan Takes Another Step at Arizona Legislature; Final Vote Thursday
/in California and the U.S., Media Coverage /by Mike Lee /The Arizona Republic (Phoenix)by Andrew Nicla and Dustin GardinerArizona lawmakers appear on track to pass a Colorado River drought plan, with less than 30 hours to go before a critical federal deadline. A state Senate committee voted 6-1 Wednesday evening to pass a pair of measures that outline how the state would share looming cutbacks on the river’s water and work with other states to take […]