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Water Security vs. Water Marketing

It’s not long ago that Lake Cachuma, the main water source on the South Coast, was in danger of going dry in a seven-year drought.

Water agencies from Carpinteria to Goleta spent millions of dollars scrambling to buy surplus state aqueduct water from around the state to avert a local shortage. They did so not only because their groundwater levels were plunging and Cachuma was failing, but because their yearly allocations from the aqueduct had dropped to zero.