Can Wall Street profit off the Colorado River?
Water speculation is not a new concept in the West. January 11, 2021 The convergence of a multi-decadal, climate-fueled drought, a trillion-dollar river-dependent economy, and a region with growth aspirations that rival any place in the country has peaked speculative interest in owning and profiting from Colorado River water. An “open market,” as described by investors in the recent New York Times article, Wall Street Eyes Billions in the Colorado’s Water, while extremely unlikely, would present a grave danger to rural communities, farms and ranches, clean, safe, reliable ...
Source: americanrivers.org
