Month: April 2015

“Water Restrictions for California’s Farms: Just the Beginning?”

From the New York Times: The fact that the state is even talking about curtailments for senior rights-holders — for the first time since the 1970s — shows it’s willing to take serious action. So far agribusiness is not subject to…

Can California really accelerate water projects ? or is ‘regulatory capture’ too big to reverse…

Bill in Congress sets deadlines for California water studies Doug Obegi, an attorney with the Natural Resources Defense Council, said his group is eager to see the results of the studies as well, but he said rushing them could lead…

‘In blow to water conservation, court rejects San Juan Capistrano’s tiered rates…’

The law of supply and demand crashes directly into bureaucratic inertia… But the 4th District Court of Appeal  struck down San Juan Capistrano’s fee plan, saying it violated voter-approved Proposition 218, which prohibits government agencies from charging more for a service…

“About 21 percent of the contiguous U.S. fell in the ‘moderate’ to ‘extreme’ drought categories at the end of March”

From Bloomberg: I’m not sure if I understand how drought will impact home building/real estate which is already in another massive bubble. It was interesting to learn that only about 2% of the GDP of California comes from agriculture which accounts…

30+ million people in California are in a severe drought zone

  Looking at the data for California by population there are more than 30 million people experiencing the two most severe drought categories D3 and D4. This looks to be a record number of people in this severe category since 2000. Drought conditions…

California Is “A Totally Artificial World Of Water Use” & Desalination Can’t Fix It

From ZeroHedge I’m thinking that rail transport from the eastern U.S. to California may be the fastest and cheapest way to get irrigation water to the southwest. Questions: 1. Where does one buy large quantities of fresh water east of…

Drought Report – California

In California, rights to water exceed the supply The Next Crime Wave in Farm Country: Stealing Water     I’ll be tracking the prices for water trucks (non-potable) within 1000 miles of San Joaquin valley to see if prices start…

Job Skills for the AfterBubble: Healthcare

Healthcare jobs will be in high demand given the 60 million baby-boomers retiring en masse. Unfortunately it’s not clear where the money will come from to pay for all the healthcare that will be needed. Some healthcare jobs have widely varying…

Investment Idea: Trucking Fresh Water around California

CNBC has a great story this morning about entrepreneurs already ramping up businesses for shipping fresh water around California: “Shaw runs a business that helps farmers and residents find groundwater, and he currently has a waiting list of “28 days out”…