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Overview (Firehose-to-Come). Markets: Global? US? Local? Other? Jargon: Distraction or Solution? Drivers: Exogenous and Endogenous Solutions: Features for Success Wishlist: What I want/would buy now. Water Markets [sic]. Global: virtual water (food), climate change
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Overview (Firehose-to-Come) • Markets: Global? US? Local? Other? • Jargon: Distraction or Solution? • Drivers: Exogenous and Endogenous • Solutions: Features for Success • Wishlist: What I want/would buy now aguanomics.com
Water Markets [sic] • Global: virtual water (food), climate change • US: regulations, funding, interstate flows • State: groundwater, interbasin transfers • Watershed: environment, trading, disputes • Local: 90% of decisions; 100% of outcomes Non-Spacial Dimensions: Temporal, Legal, Wholesale/retail, Quality, Public/Private Bottom Line: Monopolies are NOT markets! aguanomics.com
Jargon and Buzzwords • Water-Energy Nexus • Third-party Impacts • Hard vs. Soft Path • Political-Economy • Diamond-Water Paradox Bottom Line: Useful concepts, but inertia dominates aguanomics.com
Drivers: Exo and Endo • Exo: We can only cope/hopeexample: climate change • Endo: Pogo says “the enemy is us”example: groundwater (ToC), prices Bottom Line: Low-hanging fruit everywhere! aguanomics.com
Solutions for Success • Supply side for engineers and politiciansexample: Desalination • Demand side for economists and peopleexample: prices and markets Bottom Line: Regulatory risk, capital intensity, inertia and the wall of money means be nimble! aguanomics.com
My Wishlist • Cheap water quality tester real idea • Metering technology (seen the tradeshows?) • Desalination (DXV Tech) • Political solutions are not $-earner Bottom Line: Institutions are trumps aguanomics.com