Water risk boils down to whether there is enough usable water for a property’s needs and will there be enough water for those needs in the future. However, No one data source can predict water risk. There are multiple perspectives to looking at water risk and all must...
Questions on how water factors into agricultural lending decisions are bubbling to the top as water scarcity takes center stage in the agricultural economy. Increasing uncertainty in the near-future is the Sustainable Groundwater Management Act (SGMA). SGMA allows...
In 2014, California became the last state in the U.S. to formally regulate groundwater by enacting the Sustainable Groundwater Management Act, or SGMA. Groundwater regulation had various forms before 2014. California saw groundwater adjudications that brought...
The SGMA is disrupting those professions tasked with managing water and the risk surrounding water-business decisions. Businesses and professions that work in and around water-dependent industries must assess the water risk of their operation. Identifying the risks...
Governor Newsom’s Executive Order sets priorities for a water resilient portfolio for California. The Governor states: “To meet these challenges, we need to harness the best in science, engineering and innovation to prepare for what’s ahead and ensure long-term water...
