First, thanks to David Zetland for recognizing this article on Aquanomics. I’d also like to thank David for not giving it the attention I thought it deserved, so I could repost it here.
Western Resource Advocates published the Every Drop Counts Report in January, 2011.
A good summary is provided here, but if you decide to read the entire 65 page document, you’ll also note that almost every section concludes with the same findings…. Policy and application vary from state to state and within different geographic regions. In other words, these markets are highly fragmented and localized. This is great if you are familiar with the local market, but an obvious barrier to trade and challenge facing the larger water market.
Personally, my cry is for STANDARDS–just for starters.
As a side, I also question the accuracy of some of the water prices presented, but I’ll save that discussion for a separate post.