As Colo's top water official until 2017, "James Eklund directed the creation of a comprehensive long-term plan to address climate change...He believes that the last best hope against the drought is a market-based solution."
Now Ekklund works for a hedge fund buying water rights
Now Ekklund works for a hedge fund buying water rights
So, Wall Street wants to commodify water as "the next oil," taking away public control and handing it to the market. And they claim this will be a solution to climate change-induced drought, which was caused by the market-based management of the "last oil." Do I have that right?
As is often the case, local reporters have been following this story for a long time, including this great piece by @LukeRunyon & @heather_sackett. I'm glad the hedge funds' market-based solution for the journalism crisis hasn't been fully implemented yet. http://kuer.org/2020-06-02/western-colorado-water-purchases-are-stirring-up-worries-about-the-future-of-farming