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Investors now can bet on California’s water, helping agriculture withstand dry spells California grows all almonds sold in the U.S., but the highly profitable crop takes millions of gallons of water to produce. (Source: CNN) By Kevin Pirehpour | February 24, 2021 at 12:07 PM MST - Updated February 25 at 12:57 PM Climate change and extreme weather events are forecast to further reduce water supplies in the American Southwest, and a new futures market could allow water users to recoup losses if the price of water spikes. The futures market is the first of its kind, allowing investors...

Luke Runyon Dry conditions are the worst they’ve been in almost 20 years across the Colorado River watershed, which acts as the drinking and irrigation water supply for 40 million people in the American Southwest. As the latest round of federal forecasts for the river’s flow shows, it’s plausible, maybe even likely, that the situation could get much worse this year. Understanding and explaining the depth of the dryness is up to climate scientists throughout the basin. We called several of them and asked for discrete numbers that capture the current state of the Colorado River basin.   ...

Dry conditions are the worst they’ve been in almost 20 years across the Colorado River watershed, which acts as the drinking and irrigation water supply

Climate change ravaged the West last year and 2021 could be worse ‘We’ve got a pretty deep hole that 2020 has dug for us.’ (Francisco Kjolseth | Tribune file photo) This Jan. 6, 2021, file photo shows limited snowfall in Big Cottonwood Canyon where south facing slopes showed bare spots. Already in the grip of a stubborn drought, Utah, along with the entire Intermountain West, is facing what looks to be another bleak water year as climate change settles into the region. By Judy Fahys | Updated: 7:34 p.m. If there were any doubts that the climate is changing in the Colorado River Basin,...

If there were any doubts that the climate is changing in the Colorado River Basin, 2020 went a long way toward dispelling them, thanks to yet another year of extreme weather.  Unprecedented wildfires, deadly heatwaves, withering drought — the many indicators of the climate mayhem that scientists have been warning about for years — ravaged the landscape, claiming dozens of lives and causing billions of dollars in damage. Colorado endured an unprecedented wildfire season. And so did California, in some cases burning where the wounds were still fresh from the epic fires of 2018. Utah experi...