How transaction costs price out small deals that could lead to big wins for agriculture
Spoiler alert: It’s not the price of water that’s costing growers large gains from water trading; it’s the transaction costs associated with it. …
As more agencies develop groundwater allocations, it’s important to understand how allocation design affects economic and environmental outcomes.
You’ve heard by now that our groundwater resources are disappearing. We’ve pumped so much, so fast, for so long. Decades later, we’re witnessing the effects of drawing from this invisible resource. In Kansas, wells are pumping air. In Texas, streams are drying up. In California, the ground is sinking.
It’s…
Richael Young
Economist, engineer, and entrepreneur. On a mission to align agricultural profitability with water stewardship. Let’s talk: richael@mammothwater.com
