Posted by: Jan | August 26, 2010

Something’s not right about this California water deal


An interesting article in the L.A. Times last week:

“A lawsuit by water agencies and environmental groups contends the Kern Water Bank transaction was essentially a gift of public property to private interests and therefore violates the state constitution.”

“That’s the theme of a lawsuit filed a few weeks ago alleging there’s something smelly about how a group of private interests — notably a huge agribusiness owned by the wealthy Southern California couple Stewart and Lynda Resnick — got control of an underground water storage project the state had already spent $75 million to develop.”

It will be interesting to see how this lawsuit progresses. Their goal is to return the Kerns Water Bank “into the state’s water management plan, so a precious and dwindling natural resource can serve everyone in the state, not just a few powerful farm companies and real estate developers.”

To read the entire L.A. Times article, click here.

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