water market

When are markets appropriate tools for sustainably managing groundwater?

New report from Berkeley Law’s CLEE outlines critical considerations for local groundwater markets under SGMA

Locals implementing California’s Sustainable Groundwater Management Act (SGMA) are rapidly turning from questions about who will manage groundwater and how they should approach institutional design to next-level questions: What does sustainability mean for a particular basin, and how will local managers achieve it? One of many potential management tools is a local groundwater market. SGMA opens the door …

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