[Homestead] farmers selling water
Gene GeRue
genegerue at ruralize.com
Sun Jan 27 09:04:18 EST 2008
On Jan 26, 2008, at 9:06 PM, Rob wrote:
>
> http://apnews.myway.com/article/20080125/D8UD540G1.html
>
>>> FRESNO, Calif. (AP) - With water becoming increasingly precious in
> California, a rising number of farmers figure they can make more
> money by selling their water than by actually growing something.
Water has become a commodity traded on the market. Farmers in the San
Joaquin Valley have been selling their water allotments to cities for
quite awhile. Some of them also buy water. Nothing inherently wrong
with the practice until the source of the water and the means of
moving it and how that is and was financed are considered.
American entrepreneurs may one day devise a way to sell air. Air
quality is tradable. Think carbon offsets.
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