To save water in Texas, these nonprofits are paying farmers to leave it in reservoirs
As Texas faces an increasingly fraught environmental future from climate change, a new approach to conservation is growing. Drought conditions have created a two-pronged problem for Texas aquifers, natural bodies of water that move through porous rock underneath the Earth’s surface, and reservoirs. Without rainfall, farmers and ranchers are relying more on those well-established water […]
Proposals to Create Water Banks Would Allow Farmers with Excess Water to Lease it to Those in Need
Proposals to create “water banks” or “water markets” would allow farmers with excess supply to lease it to those in need as drought ravages the American West. The idea is part of a discussion about letting the free market play a bigger role in water conservation as human-caused climate change fuels drought and farmers run […]
Impacts of Water Transfers in Colorado
Brett Bovee recently moderated a panel of researchers and water managers on the impacts related to water right transfers in Northern Colorado as part of the Confluence conference organized by BizWest. The panel discussed how transfers occur, the type of impacts, and projects to mitigate those impacts. Read more
Watch: Colorado Front Range Water Rates
WestWater Rocky Mountain Director, Brett Bovee was recently interviewed on a discussion in the Front Range regarding water rates and usage. Watch the full discussion here
WestWater Welcomes new Team Members in Arizona, Colorado, and Idaho
Jessica Fox, Southwest Regional Director – Arizona Jessica Fox is the Southwest Regional Director for WestWater Research and leads the firm’s Phoenix office. She is a dedicated water resources professional, bringing over ten years of experience in Arizona water policy and management. She has extensive experience developing and advocating for policy solutions and strategies to […]
Rosedale–Rio Bravo Water Accounting and Trading Platform
Exciting news and a great opportunity to scale groundwater accounting platforms across California. This unique tool provides an online platform for tracking, managing, and trading groundwater allocations to enhance water management at the local level by incorporating one of the first screen trading environments for water entitlements in the western US. WestWater was thrilled to […]
CME futures contract live December 7th!
Interested in managing your water risk in California? Put this date on your calendar. The CME group announced today that “futures on the Nasdaq Veles California Water Index (NQH20) will be available for trading Dec. 7, pending regulatory review.” NQH20 is based in part on data derived from our own Waterlitix™ database. For background information on the […]
Is Northern Colorado the next water source for thirsty cities?
Brett Bovee, Regional Director of WestWater’s Fort Collins office, recently weighed in on the increasingly competitive Northern Colorado water market and discusses how the ever-growing Denver Metro area continues to push water share prices higher in its search for additional water supplies. Read the full story here.
WestWater’s Matt Payne breaks down CA water trends in Nasdaq
WestWater’s Matt Payne was recently interviewed for a #NASDAQ #TradeTalks episode, where he distills general California water market trends like how demand is driven, how demand has evolved over time, and how new tools can help manage price risk. Check out the interview to get a nice refresher on the market yourself!
CME futures contract paves way for better water management
You may have heard the exciting news about the CME group launch of the first-ever regulated, exchanged-traded risk management tool for water futures based on the Nasdaq Veles California Water Index (NQH20). The NQH2O index is based in part on data derived from our own Waterlitix™ database. Our water pricing database is a reflection of our past and present, […]