OPINION: Market-Driven Solution to Relieve Drought

Drought-weary Californians breathed a sigh of relief because another “March Miracle” series of storms soaked much of the northern half of the state. Sadly for the people of the Golden State, their relief is mostly misplaced. The state reported that the statewide snowpack is only 87 percent of normal and El Niño was mostly a disappointment. Farmers on the west side of the San Joaquin Valley will receive only 5 percent of their allocation from the Central Valley Project this year. It looks like we are heading into the fifth year of a historic drought.