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Balanced Reporting. Trusted Insights.
Saturday, September 25, 2021
The State Water Board cut deliveries to junior water rights holders in Wine Country, while the feds cut in half previous allocations to valley communities.
Gov. Gavin Newsom on Monday declared a drought emergency in 39 additional counties and announced a new budget proposal aimed at providing drought relief.
Farm groups and irrigation districts are praising the governor’s proposal of $125 million for restoring critical fish habitat in Central Valley river systems.
Water is now being traded on the CME Group's new index, but some California water managers and market observers are less confident the futures contract will offer much benefit.
