On December 12 & 13 of 2011, I had the fortunate opportunity to attend the Innovative Water Transfer III workshop put on by the Western Governors’ Association and the Western States Water Council. All of the meeting proceedings can be found here. I enjoyed the meeting and was, once again, reminded how localized and fragmented these markets really are. Although there was one summary presentation, from Carlee Brown of the Western Governors’ Association, I found particularly interesting. This presentation summarized survey results from western state water resource managers (presentation embedded above). It’s good to hear their thoughts, as they’ll play a decisive role in these markets. None of this content is revolutionary, but is good to see on a western scale. The summarized version is as follows:
1. Legal requirements: Agencies rule over the water rights changes, but not the actual monetary deal.
2. Mitigation: Most states consider impacts to other water users and environment.
3. Market Drivers: Urban/Suburban Growth
4. Most Common Barrier: Public Opinion
5. Informal Agreements: Increasingly common circumvent regulatory process.
I also like the use of PREZI of course.