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Shining Light on Farm & Food Policy for 20 Years.
Saturday, October 19, 2024
Concerns about the proposed groundwater sustainability plan for a basin that includes parts of Kern, Inyo and San Bernardino counties prompted a request for adjudication that is scheduled for a court meeting on Nov. 19, which is also the deadline for anyone claiming groundwater rights to join the lawsuit.
As California plans for continued climate change, including the need to manage agricultural water use to comply with the Sustainable Groundwater Management Act (SGMA), a new report finds the intersection of energy with water and climate may not be getting as much attention as it deserves, especially in farm country.
A new water trading and accounting platform aimed at easily matching those who need water with those who have it would also give Groundwater Sustainability Agencies near real-time data for maintaining accurate water accounting and that, in turn, would help them comply with the Sustainable Groundwater Management Act.
Farmland values in parts of the U.S. are on the rise as commodity prices and government payments spur buyers in the Corn Belt while water access fuels the market in California's drought-stricken Central Valley.
In his State of the State address Tuesday night, Gov. Newsom admitted the state’s progress in recovering from the pandemic “hasn’t always felt fast enough.”
Water is now being traded on the CME Group's new index, but some California water managers and market observers are less confident the futures contract will offer much benefit.
The future of the proposed Temperance Flat Reservoir Project is in doubt. For 20 years investors for the project have had to focus instead on a cascading series of water crises.
