In the wake of the drought, California has made tremendous progress on climate-smart water solutions. But even as communities are forging ahead with recapture and reuse projects, we are seeing a gold rush of corporate water projects designed to profit off drought fears. Poseidon’s Orange County desalination plant is a prime example. This Wall Street water company and its lobbyists are using every trick in the book to sell their unnecessary and irresponsible project. That is because the billion-dollar boondoggle can’t stand on its own merits.