March 2015

In this issue …

 

TRANSACTION SPOTLIGHT

CAWCD and YMIDD Conserve Water for the Colorado River System through Pilot Fallowing Project

 

MARKET INDICATORS

Lower Rio Grande Market Indicator: Expect Prices and Activity to Remain High

 

JOW CORNER

CA Department of Water Resources Increases 2015 SWP Allocation to 20%

 

COLORADO RIVER BASIN

Nevada Supreme Court Dismisses Appeal of District Court Order on Southern Nevada’s Groundwater Development Project

Utah Geological Survey Releases 7-Year Study on Snake Valley Groundwater

 

TEXAS

Texas Water Development Board Publishes Drought Indicators

El Paso to Move Forward with Direct Potable Reuse

 

ELSEWHERE IN THE SOUTHWEST

LAO Report on Implementing Water Bond Shows Need for Centralized, Well-Functioning Water Markets

Reactivation of Santa Barbara Desalination Plant Moving Forward

LAO Discusses Major Water-Related Proposals within the Governor’s Budget Proposal

 

LEGISLATON

Arizona House of Representatives Passes Bill to Advance Desalination in the State

Colorado General Assembly Again Fails to Pass Flex Water Bill

 

LEGAL ACTIONS

U.S. Supreme Court Accepts Special Master Report in Kansas v. Nebraska

 

COMMENTARY & EDITORIALS

Stresses on Water Supplies and Threats of Shortages Lead to Calls for More Aggressive Water Management and Public Awareness in Arizona

 

BLOGS & COLUMNS

Bloggers Tackle Water Project Financing, Groundwater Management, Water Supplies & Drought, Climate Change, Megadrought and more

 

GENERAL INTEREST

Bureau Releases Study of Climate Change on Irrigation Demand and Reservoir Evaporation

NASA Study Predicts Megadrought in Southwest and Central Plains

Interior Announces Funding for Drought Response in the West

AWE Releases Report on Water Demand Offset Programs

 

HYDROLOGIC CONDITIONS

 

CAPITAL MARKETS