Water rights have evolved in recent years as parties express desires to sell, lease, or give water for environmental or recreational purposes.
Irrespective of the uncertainties surrounding the causes of climate change, the United States is poised to join the rest of the developed world in a fight against rising carbon dioxide levels.
Lea-Rachel Kosnik, Roger Meiners
"Restoring Harmony in the Klamath Basin" explains how this conflict developed and offers a solution—markets in water. Written by Roger Meiners and Lea-Rachel Kosnik, this paper persuasively argues that clarification of property rights to water is fundamental to ending the crisis.
Andrew Morriss, Bruce Yandle, Lea-Rachel Kosnik
This paper discusses a new form of regulation. Rather than issuing rules, some government agencies, including the Environmental Protection Agency, have started to file lawsuits.