Water is underpriced which leads to the perception that there is no shortage and dissuades conservation. In this piece appearing in Forbes, David Zetland argues that "We can solve America's water "shortage" in the same way that we would solve a shortage in any market. Increase prices until the quantity demanded falls to equal supply. This pricing system would ensure that everyone gets a basic allocation of cheap water while forcing guzzlers to pay a high price." http://www.forbes.com/opinions/2008/07/14/california-supply-demand-oped-cx_dz_0715water.html
www.Aguanomics.com
Tuesday, July 22, 2008
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