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> Seems like if the market just naturally achieved efficiency, you'd grow water intensive crops in places that were not constrained on the resource. In this ca
by carapace 5y ago
> Seems like if the market just naturally achieved efficiency, you'd grow water intensive crops in places that were not constrained on the resource.
In this case the market is up against (arguably irrational) water rights and such, the market is far from free.
> The planning and management of water in California is subject to a vast number of laws, regulations, management plans, and historic water rights. The state agency responsible for water planning is the California Department of Water Resources.
https://en.wikipedia.org/wiki/Water_in_California#Planning_and_management https://en.wikipedia.org/wiki/Water_in_California#Planning_a...
- rnk 5y agoWhat is already happening is private equity is buying up farms in the west to get their water, and cities are doing it too.