California’s New Groundwater Law and the Implications for Groundwater Markets

Ellen Bruno
from ARE Update Vol. 20, No. 4, Mar/Apr, 2017
View Article PDF: California’s New Groundwater Law and the Implications for Groundwater Markets
Abstract
The rules regarding the formation of groundwater sustainability agencies under California’s new groundwater law will influence the development of groundwater markets. Multiple groundwater agencies are forming over single basins; there is potential for strategic interaction and welfare loss when trading occurs.
Keywords
agricultural water management, groundwater sustainability, water policy, SGMA
Citation
Ellen Bruno. 2017. "California’s New Groundwater Law and the Implications for Groundwater Markets." ARE Update 20(4): 1-4. University of California Giannini Foundation of Agricultural Economics.
https://giannini.ucop.edu/filer/file/1492713710/17978/