I just wanted to post a link to this commentary (that came to me by way of Aquafornia) about water marketing in California. It makes the point that opening up markets can create unequal opportunities, when one one part of the supply chain is (functionally) controlled by a monopoly (the federal government). Something that could be very prevalent throughout the West, where the Bureau of Reclamation controls access to much of the big water that goes to agriculture and might find its way into markets in the coming years.
This is also my way of introducing the upcoming Water Rights Trading Summit being hosted by American Water Intelligence and WestWater Research, in Scottsdale, AZ, in early Feb.
Should be an interesting conference. And I'm hoping to re-connect with some contacts I haven't seen in a while at the conference.