Interjecting Economics into the Surface Water Dialogue

Autor: Vaca, Maria, Richards, Stefni, Davis, Alexa, Jackson, Kylie, Timur, Nanag, Manzoor, Fahad, Azam, Said, Feltman, Robert, Griffin, James Milton
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Texas Water Journal, Vol 10, Iss 1 (2019)
ISSN: 2160-5319
Popis: This paper applies the conceptual lens of economic efficiency as a criterion by which to evaluate surface water in Texas. We identify two major problems. First, Texas has a water allocation problem limiting the ability to substitute groundwater for surface water to move water between river basins and to facilitate transfers within a river basin. Second, surface water is both underpriced and unresponsive to drought conditions preventing it from being used at its highest and best use. We propose a variety of partial solutions, which include facilitating greater reliance on water markets as well as a water tax that would vary across regions and over time to encourage conservation.
Texas Water Journal, Vol. 10 No. 1 (2019)
Databáze: OpenAIRE