San Diego Housing Market News and Analysis
UCSD econ roundtable (drought/infrastructure)
User Forum Topic
Submitted by phaster on April 18, 2016 - 10:03pm
about a week ago was invited to a UCSD econ roundtable (figured it was worth attending because if nothing else I'd get a free breakfast), the topic was about water or the lack thereof
its a subject I've been following for a while (since my undergrad days as a matter of fact)
lots of the people there were business types wanting to find out more about the three billion CapEx spent on the diversity of storage and supply of water (in the region)
after the speakers presentation there was a Q&A session
my question to the speaker was, given in the past 1200 years the western region of the USA has had two mega drought(s), how prepaired are we AND the short answer is we are not!
noticed a few dropped jaws on peoples faces (in the audience) when I asked my questions and mentioned its not unheard of for the region to have drought event(s) that last a hundred years...
so wondering if anyone else here knows that the region around California has a long history of drought(s) and that the period around the 1910's - 1920's (when the treaty of the colorado "river" compact was studied/signed) was an abnormally wet period (WRT the long term historical "climate" record)
"Water scarcity is a growing problem, caused by everything from man-made climate change to poor governance."
"...a reduction of just 10 percent of water from the Colorado River would cost billions of dollars and millions of jobs...Southern California would see a 55 percent to 60 percent drop in economic activity if the Colorado River ran out of water."
~Active forum topics~