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Market-Driven Solutions to Economic, Environmental and Social Issues Related to Water Management in the Western US
With water management issues continuing to plague the western US, the white paper discusses some advantages of market-driven reforms to the management of water resources.
Arid conditions in the western US limit development and prevent western regions from adopting the riparian water law used in eastern states.
Though certainty of water availability is critical to development, the existing system prevents users transfer or loaning water to higher economic uses.