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Commentary: Water Markets Can Reduce the Costs of Drought

By Ellen Hanak

California’s warming climate is making droughts more intense, complicating water management. A new water futures market provides a tool to insure against price shocks arising from drought-fueled shortages.

blog post

New Laws Address Water Affordability and Wildfire Risks

By Henry McCann, Gokce Sencan

The pandemic and recession forced tough decisions in Sacramento this year. Despite challenging circumstances, several high-priority bills covering safe drinking water and wildfire risk reduction were enacted.

blog post

California’s 21st Century Megadrought

By Jeffrey Mount, Michael Dettinger

California is in the midst of a decades-long drought, which mimics what climate change is expected to bring. Water management should adapt accordingly.

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