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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

State Water Market Needs Reform

By Ellen Hanak, Jelena Jezdimirovic

Water trading is an important tool for managing water scarcity. But as the latest drought has shown, California’s process for approving water trades is flawed. Reforms could help manage future droughts.

blog post

Drought Watch: What If 2015 Is Dry?

By Ellen Hanak, Jay Lund, Jeffrey Mount

Another warm winter is likely. So what, if anything, should California do differently next year?

Report

Storing Water for the Environment

By Sarah Null, Jeffrey Mount, Brian Gray, Kristen Dybala ...

Large reservoirs are essential for managing water in California’s highly variable climate—but over the years, the construction and operation of these reservoirs have had significant environmental costs. Our new research outlines how reservoir operations could be changed to improve the health of the state’s fragile freshwater ecosystems.

Report

Accounting for California’s Water

By Ellen Hanak, Jay Lund, Brian Gray, Henry McCann

Understanding California’s balance sheet for water—how much there is, who has claims to it, and what is actually being "spent”—is key to effectively managing the state’s limited water supply in support of a healthy economy and environment. This report compares California’s water accounting systems to those of 11 other western states, Australia, and Spain. It identifies gaps in California’s water information systems, and proposes a dozen ways to bridge them.

Read a summary of the report’s policy recommendations.

This research was supported with funding from The David and Lucile Packard Foundation, the S. D. Bechtel, Jr. Foundation, the US Environmental Protection Agency, and the Water Foundation, an initiative of the Resources Legacy Fund.

blog post

California’s Environment Needs a Water Budget

By Jeffrey Mount, Brian Gray

Giving the environment its own water budget would help protect species and ecosystems, and foster cooperation over water allocation during droughts.

blog post

Creating Collaborative Recharge Partnerships in the San Joaquin Valley

By Sarah Bardeen

Bringing the San Joaquin Valley’s groundwater basins into balance by the early 2040s is going to be challenging, but two neighboring groundwater sustainability agencies (GSAs) in Madera County are collaborating to move the process forward. Learn about their successes—and how things could be improved.

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