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Or you'll get more-and-deeper wells and a race to the bottom of the aquifer, as you see in California's central valley. And of course folks will advocate for t
by zbrozek 6y ago
Or you'll get more-and-deeper wells and a race to the bottom of the aquifer, as you see in California's central valley.
And of course folks will advocate for tiers and caps and exemptions and incentives and all manner of other mess to try and further distort the market to match their notion of fairness. Then everybody buying water will need to be a spreadsheet ninja to figure out how not to go broke while still managing to bathe.
- maxerickson 6y agoWater there costs 0.05 cents a gallon. (I've not made a typo, it's ~$150/acre-foot for the expensive irrigation water) So $0.05 to bathe. I think "market" effects aren't causing the problem.
- zbrozek 6y agoThe grandparent comment is advocating for sufficient levels of taxation to substantially change behavior, and I'm cautioning against unintended consequences of such a policy. I don't follow where the current cost of water is part of that discussion, but I welcome clarification.
- lotsofpulp 6y agoIt’s always a possibility that people will try to evade taxes (or any other rules they don’t like), but I don’t see why that’s relevant.