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Topic: Water Marketing and Banking

Overview April 24, 2014

Water Marketing and Banking

Water marketing is the transfer or sale of water or water rights from one user to another, typically from an agricultural to an urban water agency, often without investing in new infrastructure

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Aquafornia news February 15, 2023 Cal Coast News

SLO County restricts water use, promotes selling rights

The San Luis Obispo County Board of Supervisors is considering giving farmers the choice between planting crops or selling their water rights. It’s a move that could pay off for a group of large, wealthy landowners. The move came after supervisors reversed an ordinance allowing farmers who quit growing during the previous drought to plant crops Large landowners spent more than a decade promoting water restrictions, banking and sales as the California drought reduced the amount of water available to farmers. Many of the larger landowners planted crops before a restrictive water use ordinance went into effect. That locked in their water rights and increased the value of their land.

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Aquafornia news February 14, 2023 USC Dornsife

Blog: A new strategy for Western states to adapt to long-term drought: customized water pricing

Even after heavy snow and rainfall in January, western states still face an ongoing drought risk that is likely to grow worse thanks to climate change. A whopping snowpack is good news, but it doesn’t reduce the need for long-term planning. Confronted with a shrinking supply of water for agriculture, industry and residential uses, water agencies have pursued different strategies to encourage water conservation. They have nudged customers to reduce water use, limited outdoor watering and offered incentives to rip out lawns. … We know that it’s hard to pay more for essential goods such as food, energy and water, especially for lower-income households. Rather than raising everyone’s water prices, we propose a customized approach that lets individual consumers decide whether to pay higher prices.

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Western Water July 7, 2022 Nick Cahill Colorado River Basin Map WESTERN WATER-A Colorado River Tribal Leader Seeks A Voice In the River's Future--And Freedom to Profit From Its Surplus Water By Nick Cahill

A Colorado River Tribal Leader Seeks A Voice In the River’s Future–And Freedom to Profit From Its Water
WESTERN WATER Q&A: CRIT Chair Amelia Flores Says Allowing Tribe to Lease Or Store Water Off Reservation Could Aid Broader Colorado River Drought Response and Fund Irrigation Repairs

Amelia Flores, chairwoman of the Colorado River Indian Tribes.As water interests in the Colorado River Basin prepare to negotiate a new set of operating guidelines for the drought-stressed river, Amelia Flores wants her Colorado River Indian Tribes (CRIT) to be involved in the discussion. And she wants CRIT seated at the negotiating table with something invaluable to offer on a river facing steep cuts in use: its surplus water.

CRIT, whose reservation lands in California and Arizona are bisected by the Colorado River, has some of the most senior water rights on the river. But a federal law enacted in the late 1700s, decades before any southwestern state was established, prevents most tribes from sending any of its water off its reservation. The restrictions mean CRIT, which holds the rights to nearly a quarter of the entire state of Arizona’s yearly allotment of river water, is missing out on financial gain and the chance to help its river partners.

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Tour April 20, 2022 - 7:30am - April 22, 2022 - 6:30pm Explore Epicenter of Drought and Groundwater Sustainability on the Central Valley Tour Nick Gray

Central Valley Tour 2022
Field Trip - April 20-22

Central Valley Tour participants at a dam.This tour ventured through California’s Central Valley, known as the nation’s breadbasket thanks to an imported supply of surface water and local groundwater. Covering about 20,000 square miles through the heart of the state, the valley provides 25 percent of the nation’s food, including 40 percent of all fruits, nuts and vegetables consumed throughout the country.

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Western Water November 16, 2018 California Water Map Layperson's Guide to the State Water Project Gary Pitzer

As He Steps Aside, Tim Quinn Talks About ‘Adversarialists,’ Collaboration and Hope For Solving the State’s Tough Water Issues
WESTERN WATER Q&A: Tim Quinn, retiring executive director of Association of California Water Agencies

ACWA Executive Director Tim Quinn  with a report produced by Association of California Water Agencies on  sustainable groundwater management.  (Source:  Association of California Water Agencies)In the universe of California water, Tim Quinn is a professor emeritus. Quinn has seen — and been a key player in — a lot of major California water issues since he began his water career 40 years ago as a young economist with the Rand Corporation, then later as deputy general manager with the Metropolitan Water District of Southern California, and finally as executive director of the Association of California Water Agencies. In December, the 66-year-old will retire from ACWA.

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Western Water Magazine January 1, 2014

Overdrawn at the Bank: Managing California’s Groundwater
January/February 2014

This printed issue of Western Water looks at California groundwater and whether its sustainability can be assured by local, regional and state management. For more background information on groundwater please refer to the Founda­tion’s Layperson’s Guide to Groundwater.

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Western Water Magazine July 1, 2001

Conjunctive Use: Banking for a Dry Day
July/August 2001

Although some water districts have coordinated use of surface water and groundwater for years ,conjunctive use has become the catchphrase when it comes to developing additional water supply for the 21st century. This article focuses on conjunctive use. It includes background information explaining how conjunctive use works, discusses the potential storage capacity, provides an overview of the hurdles that must be overcome to develop a successful project, and profiles several projects.

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Publication May 20, 2014

Layperson’s Guide to Water Marketing
Updated 2005

The 20-page Layperson’s Guide to Water Marketing provides background information on water rights, types of transfers and critical policy issues surrounding this topic. First published in 1996, the 2005 version offers expanded information on groundwater banking and conjunctive use, Colorado River transfers and the role of private companies in California’s developing water market. 

Order in bulk (25 or more copies of the same guide) for a reduced fee. Contact the Foundation, 916-444-6240, for details.

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Publication May 20, 2014

Layperson’s Guide to Water Rights Law
Updated 2020

The 28-page Layperson’s Guide to Water Rights Law, recognized as the most thorough explanation of California water rights law available to non-lawyers, traces the authority for water flowing in a stream or reservoir, from a faucet or into an irrigation ditch through the complex web of California water rights.

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Publication May 20, 2014

Layperson’s Guide to the State Water Project
Updated 2013

The 24-page Layperson’s Guide to the State Water Project provides an overview of the California-funded and constructed State Water Project.

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Aquapedia background February 11, 2014 Layperson's Guide to Water Marketing

Water Marketing

Water Marketing

Water marketing is the transfer or sale of water or water rights from one user to another, typically from an agricultural to an urban water agency, often without investing in new infrastructure

Most exchanges involve a transfer of the resource itself, not a transfer of the right to use the water.

Reallocating the available water on a supply-and-demand basis is viewed by proponents as the best financial, political and environmental means of accommodating an increase in population.

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