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Fact Sheet

California’s Water Market

By Ellen Hanak, Gokce Sencan, Andrew Ayres

Water marketing is an important tool for managing drought and water scarcity in California. Reforms could help strengthen the market.

Report

Improving California’s Water Market

By Andrew Ayres, Ellen Hanak, Brian Gray, Gokce Sencan ...

Water trading and banking will prove important tools to help California bring its groundwater basins into balance under the Sustainable Groundwater Management Act (SGMA). A broad range of policy changes could help improve and expand California’s water market while protecting communities from harm.

Report

California’s Water Market, By the Numbers, Update 2012

By Ellen Hanak, Elizabeth Stryjewski

This report provides a check-up on California’s progress with two innovative water management tools: water marketing and groundwater banking. These tools are part of a modern approach that will enable California to manage its scarce water resources more flexibly and sustainably.

This research was supported with funding from the S. D. Bechtel, Jr. Foundation.

Policy Brief

Policy Brief: Improving California’s Water Market

By Andrew Ayres, Ellen Hanak, Brian Gray, Gokce Sencan ...

This policy brief distills key takeaways from our report on water trading and banking in California, and how they will help the state bring its groundwater basins into balance under the Sustainable Groundwater Management Act (SGMA). A broad range of policy changes could improve and expand California’s water market while protecting communities from harm.

blog post

Video: Improving California’s Water Market

By Sarah Bardeen

Water trading and banking are important tools that can help California bring its groundwater basins into balance, but the expansion of the state’s water market still faces some bottlenecks, including aging infrastructure and complex regulations. Watch a panel of experts discuss what can be done.

Report

Who Should Be Allowed to Sell Water in California? Third-Party Issues and the Water Market

By Ellen Hanak

Although significant water trading has occurred in California since the drought of the early 1990s, many localities have restricted water transfers because of the perceived harm to other users and the local economy. In Who Should Be Allowed to Sell Water in California? Third-Party Issues and the Water Market, Ellen Hanak examines water transfers in California, local resistance to them, and various approaches to resolving water disputes. Drawing on a new database of water transfers as well as interviews with state, county, and water district officials, the report calls for water management at the local level that balances the interests of other residents and the potential gains from transfers.

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.

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Improving California’s Water Market

As California works to bring its groundwater basins into balance under the Sustainable Groundwater Management Act (SGMA), water banking and trading are important tools to help manage the transition—but aging infrastructure and complex regulations are limiting expansion. Join the PPIC Water Policy Center and state and local experts for a panel discussion on how to improve California’s water markets while protecting communities from harm.

blog post

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.

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