Tuesday, February 10, 2009
Shrinking Water Supplies Imperil Farmers
From today's Wall Street Journal:
"If the water situation doesn't ease soon, industry experts expect numerous farmers to go out of business in a year or so. Particularly vulnerable are farmers who have loans tied to being able to secure water supplies, said Richard Howitt, a professor of agriculture economics at the University of California at Davis. In essence, these farmers use their water rights as collateral for loans that go toward crops and equipment."
Water and water rights are big business in a desert. Lots of good pics and comments by readers too. This whole issue is so complex, but as a simple solution, why are our leaders not screaming for more conservation efforts?
Read the entire article.