NOLIGARCHY.USMar 17

AZ — The West is thirsty and the market can’t paper over a dying river

Putting a price on Colorado River water won’t refill reservoirs or stop states from overpromising what they can deliver. Betting markets can reassign risk, but they can’t make rain.

https://go.noligarchy.us/5ksKhK

The American West Is Drying Up. Can the Market Help?

As hedge funds buy up land to obtain water rights, a libertarian state representative from Arizona has proposed a seemingly radical solution to the water crisis. Is he right?

The New Republic
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Why it matters:

Communities, farmers, and cities built on cheap, borrowed water are facing reckonings. If markets set scarcity prices while politicians keep promising full taps, the public gets stuck holding the bill.

#ColoradoRiver #WaterCrisis #Arizona

Mar 17 at 11:30amconnection