Water is joining gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world. Farmers, hedge funds and municipalities alike will be able to hedge against — or bet on — potential water scarcity starting this week, when CME Group Inc. launches […]
Yes, California will have another multi-year drought. California has immense hydrologic variability, with more droughts and floods per average year than any other part of the country. California’s water users, managers, and regulators should always be prepared for droughts (and floods). Eventually, California will have a multi-year drought worse than any we have ever seen.
On a warm, sunny afternoon in late November, Roger Cornwell stopped his pickup near the edge of a harvested rice field to avoid spooking a great blue heron standing still as a statute, alert for prey. He pointed to a dozen or so great egrets at the opposite end of the field as a chorus […]
The California Water Commission is holding public workshops as part of its efforts to assess a potential state role in financing conveyance projects that could help meet needs in a changing climate. A workshop in Southern California is scheduled for December 10 on Zoom. The Commission’s goal with the workshops is to hear from diverse […]
The rainy season is still young, but that’s about the only consolation to be found in California’s initial estimate this week that farmers who get water from the State Water Project will only get 10 percent of their requested allocations next year. This marks the third consecutive year the initial estimate has been that low.
Water Futures to Start Trading Amid Growing Fears of Scarcity
/in California and the U.S., Media Coverage /by Mike Lee /BNN Bloomberg by Kim ChipmanWater is joining gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world. Farmers, hedge funds and municipalities alike will be able to hedge against — or bet on — potential water scarcity starting this week, when CME Group Inc. launches […]
Is California Heading for a Multi-Year Drought?
/in California and the U.S., Media Coverage /by Mike Lee /California WaterBlog (UC Davis)by Jay LundYes, California will have another multi-year drought. California has immense hydrologic variability, with more droughts and floods per average year than any other part of the country. California’s water users, managers, and regulators should always be prepared for droughts (and floods). Eventually, California will have a multi-year drought worse than any we have ever seen.
California Farmers Work to Create a Climate Change Buffer for Migratory Water Birds
/in California and the U.S., Media Coverage /by Mike Lee /Inside Climate Newsby Liza GrossOn a warm, sunny afternoon in late November, Roger Cornwell stopped his pickup near the edge of a harvested rice field to avoid spooking a great blue heron standing still as a statute, alert for prey. He pointed to a dozen or so great egrets at the opposite end of the field as a chorus […]
California’s Miserable Year Ending in Drought, Fire and Lockdowns
/in California and the U.S., Home Headline, Media Coverage /by Mike Lee /Bloomberg Greenby David R Baker and Mark ChediakMost Californians, it’s safe to say, can’t wait for 2020 to end. But the year is getting in a few parting shots on its way out the door.
Public Workshops on California Water Conveyance Projects
/in California and the U.S., Media Coverage /by Mike Lee /Water News Network Quoted: San Diego County Water AuthorityThe California Water Commission is holding public workshops as part of its efforts to assess a potential state role in financing conveyance projects that could help meet needs in a changing climate. A workshop in Southern California is scheduled for December 10 on Zoom. The Commission’s goal with the workshops is to hear from diverse […]
Water Managers Urge Patience After Initial, 10% Allocation from State Water Project
/in California and the U.S., Media Coverage /by Chelsea Campos /Bakersfield.comby John CoxThe rainy season is still young, but that’s about the only consolation to be found in California’s initial estimate this week that farmers who get water from the State Water Project will only get 10 percent of their requested allocations next year. This marks the third consecutive year the initial estimate has been that low.