Thursday, March 8, 2018

Water speculation

Colorado ranch land buys raise concern over rights

Colorado River Basin map (Colorado River District)

Colorado River District

Daily Sentinel, Nevada Independent & Arizona Republic

When Colorado River District officials heard that investment companies were buying Colorado ranches with senior water rights, it got their attention. The district is worried that the companies are buying water rights as a speculative investment, looking to profit in deals that could lead to some agricultural land no longer being irrigated and reverting to desert. Meanwhile, the Colorado faces other outside pressures. State water managers, such as Arizona and Nevada, are still struggling with drought plans.

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Feds can intervene in Texas-N.M. water dispute

Associated Press

The U.S. Supreme Court has ruled that the federal government can intervene in a water case pitting Texas against New Mexico and Colorado. Justice Neil Gorsuch writing for the court Monday said the federal government must be allowed to meet its federal water commitments involving one of North America's longest rivers. Those obligations include an international agreement with Mexico and the decades-old Rio Grande Compact.

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Utah wrestles with unmetered water use, growth

Water Deeply & Deseret News

Most homeowners in Utah benefit from a unique resource: Cheap untreated irrigation water for their yards known as “secondary” water. The state has no idea how much people consume, even as it ponders investing billions in new water development projects. Meanwhile, state lawmakers who were considering amending the Constitution to enact water reforms deferred the two bills for study.

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