In the late 1990s, the U.S. Environmental Protection Agency (EPA) began encouraging the use of market forces to improve water quality in rivers, streams, and coastal waters.
Protecting private property rights is critical to protecting environmental resources because private landowners respond to incentives.
Doug Barclay vividly remembers a fall day in the early 1980s when he said upwards of 3,000 people were on his New York property along the lower Salmon River
If you can't dam, divert, or drill, it's time to consider allocating water through markets.
Public access to rivers, lakes, and streams seems like a good idea in the abstract. Why not allow access to anyone who wants to enjoy the recreational opportunities associated with water?
Experience with water leasing reaps success stories for TU