1 vote

“Whiskey is for drinkin’, water is for fightin’ over.”

Aquanomics
Water Markets and the Environment

http://www.independent.org/publications/books/book_summary.a...

"The enforcement of water rights and contracts in the United States has weakened. Some of the reasons are changes to federal and state laws, the expanding public-trust doctrine in the courts, and the assertions of new stakeholder rights. These trends are often accommodated by the failure of regulators and conservationists to see how a market-based system of water rights can reduce waste and pollution, and enhance water flow, water quality, and ecosystem management."