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Arizona’s Continuing Population Growth Puts Pressure On Water Supply

/in , , /by /ABC 15 Arizonaby Cameron Polom

Millions of people are betting on Arizona. They’re buying homes, starting businesses, and families. The future of how we use our water resources may dictate the future of their success. “We don’t want to put consumers and businesses at risk when they built and there was a hundred years of water but what happens 80 years from now, is there still 100 years of water left,” said Haley Paul, a regional director for the Audubon Society. That question was addressed four decades earlier with the Groundwater Management act of 1980. The idea was the law would ensure when water was taken out, just as much was put back in, creating what they called a safe yield goal by 2025.

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Water Futures to Start Trading Amid Growing Fears of Scarcity

/in , /by /BNN Bloomberg by Kim Chipman

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 contracts linked to the $1.1 billion California spot water market. According to Chicago-based CME, the futures will help water users manage risk and better align supply and demand.

The contracts, a first of their kind in the U.S., were announced in September as heat and wildfires ravaged the U.S. West Coast. They are meant to serve both as a hedge for California’s biggest water consumers against skyrocketing prices and a scarcity gauge for investors worldwide.

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Study: Water Use Dropping in Western Cities Even While Population Grows

/in , , /by /KNAU Arizonaby Melissa Sevigny

Many western cities have been able to shrink their total water use in recent decades, even as their populations grew. That’s the finding of a new study published in the journal Water last week. KNAU’s Melissa Sevigny spoke with lead author Brian Richter about how simple water conservation measures could be a cost-effective way to combat shortages in the Colorado River Basin.

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Water is Colorado’s Most Critical Resource. So Why isn’t it Central to Every Local Land-Use Decision?

/in , , /by /The Colorado Sun (Denver, Colo.)by Moe Clark

In the early 1980s, the small city of Woodland Park started strategically planning how to protect its water supply for the future.

“Because we have all junior water rights and a limited water supply, we knew we must be very careful about how we grow,” said Sally Riley, planning director for Woodland Park, which is home to approximately 7,500 people in the mountains west of Colorado Springs. “We’ve pretty much mapped out exactly how our 6.5 square miles are going to grow.”

To ensure that they don’t develop beyond the limits of their water supply, Riley says the city has closely integrated its land-use decisions with local water conservation and efficiency goals that align with the Colorado Water Plan.

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Census Bureau: San Diego Posted 8th Largest Population Increase Among Big Cities

/in , /by /Times of San Diegoby Chris Jennewein

San Diego posted the eighth largest population increase between July 1, 2017 and July 1, 2018 among cities with populations of 50,000 or more, the U.S. Census Bureau reported Thursday. During the 12-month period, the population of “America’s Finest City” grew by 11,549 people, a near 1 percent increase from the previous year. Phoenix saw the largest population increase in the country during the period, adding 25,288 people, according to the Census Bureau report. San Diego was the only city in California to make the top 10 for largest population gains in the latest report, while Texas had four cities make the top 10.

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