Water policy
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Crafting Beer Policy: An Interview with Bart Watson, Chief Economist for the Brewers Association (Part 2)
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In part one of the Chicago Policy Review’s interview with Bart Watson, Chief Economist for the Brewers Association, the Chicago Policy Review’s Will Macheel discussed the role of a beer economist and the history of beer regulation in the United States. While some issues have been a focus of craft…
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Why are there Golf Courses in the Desert?
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With an annual average of just 9.5 inches of precipitation, Nevada wins the title of driest state in the United States. Nevadans thus heavily depend on Lake Mead and the Colorado River that feeds it to fulfill their water needs. These life and commerce-sustaining resources, however, are undergoing a historic,…
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Crisis in Cape Town: A Global Warning
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“We are now in Phase 1 of the disaster plan.” Issued by the Safety and Security department of Cape Town, South Africa, in October 2017, this grim warning indicated that the city’s freshwater dam capacity was at 25% and dropping. At 13.5%, the city would have reached “Day Zero,” triggering…
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The Conservation Effects of a Variable Tax on Groundwater Withdrawal
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In the United States, water resources have been historically plentiful, and groundwater consumption is generally not well-managed. However, as demand increases and the effects of climate change strain groundwater resources, the need to monitor consumption habits rises. Policymakers must undertake the challenge of striking a balance between economic performance of…
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Are Water Markets Effective? Despite implementation challenges, water markets hold promise
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An analysis of water markets around the world indicates significant challenges of implementation. In spite of the difficulties, water markets may be a promising means of improving water sustainability.