Remember the California drought? It was all over the news a year ago, when the state took the unprecedented step of mandating statewide water cutbacks. The Sierra Nevada snowpack was at its lowest recorded level. Rivers and reservoirs were getting shallower and shallower. Wells in rural towns were literally running dry. That drought is still […]
For those with a financial stake in water, drought can mean boom or bust, depending on the investment. And even without a specific market to trade water, there are numerous ways to invest in it – from buying land with water rights to stocks in water-dependent companies to municipal bonds. Take Michael Burry, for instance, the hedge […]
Plans announced today to dedicate more Sacramento River flows to fish will harm farms and ranches statewide, according to the California Farm Bureau Federation. By limiting the amount of water that could be stored in reservoirs, CFBF President Paul Wenger said, the draft proposal from the State Water Resources Control Board would reduce surface-water supplies […]
It’s now abundantly clear we have water problems.The first problem is that the general public doesn’t realize the state’s recently proposed reduction in river water for farmers is more dangerous for them than it is for agriculture. The list of those who will suffer from the reduction of water allowed to stay in this region […]
While the heavens have opened up and finally dropped some rain on Marin’s drought-riddled terrain, a recent report says ongoing conservation is the best way to thwart years of dryness. A new report from the Pacific Institute calls upon Californians to continue to conserve water regardless of how much rain may fall this fall and […]
Rugged peaks of the Sierra Nevada received a dusting of snow from an autumn storm that brought Yosemite Falls back to life, but it’s not time for sweaters and hot chocolate everywhere in California. Santa Ana winds typical of fall in Southern California are expected to bring a summerlike heat wave and high fire danger […]
California’s Dire Drought Message Wanes, Conservation Levels Drop
/in California and the U.S. /by Mike Lee /NPRby Nathan RottRemember the California drought? It was all over the news a year ago, when the state took the unprecedented step of mandating statewide water cutbacks. The Sierra Nevada snowpack was at its lowest recorded level. Rivers and reservoirs were getting shallower and shallower. Wells in rural towns were literally running dry. That drought is still […]
Here’s How the Drought Is Impacting Investment Markets
/in California and the U.S. /by Mike Lee /KQED (San Francisco)by Tara LohanFor those with a financial stake in water, drought can mean boom or bust, depending on the investment. And even without a specific market to trade water, there are numerous ways to invest in it – from buying land with water rights to stocks in water-dependent companies to municipal bonds. Take Michael Burry, for instance, the hedge […]
‘One-Two Punch’ Of River Flow Plans Hits Rural California
/in California and the U.S. /by Mike Lee /EastValleyTimes.com (Palo Cedro)by JudyPlans announced today to dedicate more Sacramento River flows to fish will harm farms and ranches statewide, according to the California Farm Bureau Federation. By limiting the amount of water that could be stored in reservoirs, CFBF President Paul Wenger said, the draft proposal from the State Water Resources Control Board would reduce surface-water supplies […]
OPINION: State’s Water Grab Will Hurt Everyone In This Region
/in California and the U.S. /by Mike Lee /The Modesto Beeby Vance KennedyIt’s now abundantly clear we have water problems.The first problem is that the general public doesn’t realize the state’s recently proposed reduction in river water for farmers is more dangerous for them than it is for agriculture. The list of those who will suffer from the reduction of water allowed to stay in this region […]
Return Of Rain Doesn’t Alleviate Need For Conservation
/in California and the U.S. /by Mike Lee /Marinscope (Novato)by Chris RooneyWhile the heavens have opened up and finally dropped some rain on Marin’s drought-riddled terrain, a recent report says ongoing conservation is the best way to thwart years of dryness. A new report from the Pacific Institute calls upon Californians to continue to conserve water regardless of how much rain may fall this fall and […]
Southern California To See High Heat, Fire Danger
/in California and the U.S. /by Mike Lee /The WashingtonTimesby John AntczakRugged peaks of the Sierra Nevada received a dusting of snow from an autumn storm that brought Yosemite Falls back to life, but it’s not time for sweaters and hot chocolate everywhere in California. Santa Ana winds typical of fall in Southern California are expected to bring a summerlike heat wave and high fire danger […]