Smart Markets For Water Resources

Download or read book Smart Markets for Water Resources written by John F. Raffensperger and published by Springer. This book was released on 2017-04-20 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is trade in wholesale water so rare, when markets can actively trade bread, tractors, and electricity? This book shows that water markets fail because of high transaction costs, resulting in inefficient allocations and unpredictable environmental effects. To overcome these obstacles, this book proposes a trading mechanism called a smart market. A smart market is an auction cleared with optimization. A smart market can reduce the transaction costs of water trading, while improving the environmental outcomes. The authors show why a smart market for water is needed, how it would work, and how to implement it. The smart market described here uses a hydrology simulation of the water resource, user bids via the internet, and mathematical optimization, to maximize the economic value of water while meeting all environmental constraints. The book provides the background to understand the smart market for water, and the detail to help the reader start working on its application. The book explores topics such as: Why water should be more expensive near sensitive environmental locations, Ways to set initial allocations of water rights, The role of regulatory oversight, The prerequisites of a water market, and How to counter objections to water markets. The culmination of a decade of investigation, this book combines explanation, examples, and detail to inform policymakers, large water users, environmental organizations, researchers, and a thirsty public.

Download or read book Competition for Water Resources written by Jadwiga R Ziolkowska and published by Elsevier. This book was released on 2016-09-09 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition for Water Resources: Experiences and Management Approaches in the U.S. and Europe addresses the escalation of global issues regarding water scarcity and the necessary, cost-effective strategies that must be put in place in order to deal with escalating water crisis. The book evaluates use and competition for water resources in the U.S. and Europe, emphasizing the problems and challenges of dealing with tradeoffs in water. In addition, the book discusses water management strategies that can be used to optimize water use and allocation, mitigate water scarcity, and adapt to water scarcity. Supplementing the numerous case studies, the book includes lessons learned from applying specific strategies and approaches. This comprehensive overview and comparison of management practices across two continents is an invaluable resource for researchers, policymakers, and educators in water. - Provides a national and regional perspective through the use of country specific case study examples - Includes a comparative analysis between the U.S. and Europe, illustrating experiences in water management from two sides of the Atlantic - Covers interdisciplinary topics related to water, such as agriculture and energy

Download or read book Economical, Political, and Social Issues in Water Resources written by Omid Bozorg-Haddad and published by Elsevier. This book was released on 2021-07-14 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economical, Political, and Social Issues in Water Resources provides a fully comprehensive and interdisciplinary overview of all three factors in their relation to water resources. Economic issues consist of Water accounting, Water economy, Water pricing, Water market, Water bank and bourse. Political issues consist of Water power and hydrogemistry, Water diplomacy and hydropolitics, Water rights and water laws, Water governance and policy, Shared water resources management, Water management systems, and social issues consist of Water and culture, civilization and history, Water quality, hygiene, and health, Water and society. This book familiarizes researchers with all aspects of the field, which can lead to optimized and multidimensional water resources management. Some of abovementioned issues are new, so the other aim of this book is to identify them in order to researchers can easily find them and use them in their studies. - Includes diverse case studies from around the world - Presents contributions from global and diverse contributors with interdisciplinary backgrounds, including water engineers, scientists, planners the economic, political and social issues surrounding water - Contains in-depth definitions and concepts of each topic

Download or read book The Role of Government in Water Markets written by Vanessa Casado-Perez and published by Taylor & Francis. This book was released on 2016-12-19 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: While water is an increasingly scarce resource, most existing methods to allocate it are neither economically nor environmentally efficient. In these circumstances, water markets offer developed countries a form of regulatory response capable of overcoming many of the shortcomings of current water management. The debate on water markets is, however, a polarized one. This is mostly a result of the misunderstanding of the roles played by governments in water markets. Proponents mistakenly portrayed them as leaving governments, for the most part, out of the picture. Opponents, in turn, understand commodification of water and administration by public agencies as incompatible. Casado Pérez argues that both sides of the debate overlook that water markets require a deeper and more varied governmental intervention than markets for other goods. Drawing on economic theories of regulation based on market failure, she explains the different roles governments should play to ensure a well-functioning water market, and concludes that only the visible hand of governments can ensure the success of water markets. Casado Pérez proves her case by examining case studies of California and Spain to assess the success of their water markets. She explores why water markets were more extensively institutionalized in California than in Spain in the first ten years since their introduction and how the role of governments in each case study impacted water market operation. This unique analysis of governmental roles in water markets, alongside qualitative studies of California and Spain, offers valuable guidance to understand environmental markets and to face the challenges presented by water management in regions with periodical droughts.

Download or read book Markets for Water written by K. William Easter and published by Springer Science & Business Media. This book was released on 2007-08-20 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets for Water: Potential and Performance dispels many of the myths surrounding water markets and gives readers a comprehensive picture of the way that markets have developed in different parts of the world. It is possible, for example, for a water market to fail, and for the transaction costs in water markets to be excessive. Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading. These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers. Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.

Download or read book Handbook of Water Resources Management: Discourses, Concepts and Examples written by Janos J. Bogardi and published by Springer Nature. This book was released on 2021-06-12 with total page 820 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of facts, theories and methods from hydrology, geology, geophysics, law, ethics, economics, ecology, engineering, sociology, diplomacy and many other disciplines with relevance for concepts and practice of water resources management. It provides comprehensive, but also critical reading material for all communities involved in the ongoing water discourses and debates. The book refers to case studies in the form of boxes, sections, or as entire chapters. They illustrate success stories, but also lessons to be remembered, to avoid repeating the same mistakes. Based on consolidated state-of-the-art knowledge, it has been conceived and written to attract a multidisciplinary audience. The aim of this handbook is to facilitate understanding between the participants of the international water discourse and multi-level decision making processes. Knowing more about water, but also about concepts, methods and aspirations of different professional, disciplinary communities and stakeholders professionalizes the debate and enhances the decision making.

Download or read book Proceedings, 1998 Water and Watersheds Program Review written by and published by . This book was released on 1998 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: