Could cap and trade for water solve problems facing the United States' largest rivers?
Thursday, May 17, 2012 - 11:02
in Earth & Climate
Lake Mead, on the Colorado River, is the largest reservoir in the United States, but users are consuming more water than flows down the river in an average year, which threatens the water supply for agriculture and households. To solve this imbalance scientists are proposing a Cap and Trade system of interstate water trading. The proposal, published in Journal of the American Water Resources Association (JAWRA), builds on the success of such an initiative in Australia.