A Southern California Water Market- Managing in a Time of Scarcity
Adjudication of the Mojave River Basin is helping to reduce groundwater overdraft. Under the adjudication, nearly all groundwater pumpers have had to gradually reduce their pumping. As agricultural, municipal and industrial water users are faced with reduced supplies, a local water market has developed for both annual water allotments and permanent water rights. The value of annual and permanent water rights are related to the cost of imported water, which is also available in the basin, although in limited supply. The Mojave water market is helping to promote better planning for droughts, water conservation, and increased water system reliability.