Drought and Water Markets: Water Pricing and Market Strategies for Coping with Drought Conditions
Recorded on Tuesday, June 23, 2015:
To purchase a recording, please call 818.888.4444
Throughout the West, persistent drought conditions have increased the water supply risk to end users in all sectors of the economy. Market approaches are providing an important tool to mitigate for the economic impacts associated with water supply shortages. However, the long term potential for managing drought risk through market transactions is in the early stages of development.
This webinar provides an in-depth discussion on the progression of water market approaches and strategies to cope with drought conditions. The webinar offers insights on water pricing during droughts and the influence of different market structures on trading activity. Case studies and quantitative analyses offer insights to public and private sector water managers on how droughts are reshaping water markets in the West and how water markets can be used to address water supply risk.
- You will gain an understanding of how water market pricing and trading activity have been influenced by drought.
- You will gain insight into how institutional structure can influence the effectiveness of water markets in dealing with drought.
- You will learn how participation in water markets can offer cost-effective solutions for addressing an uncertain water supply future.
I. Drought Impact Overview and Water Supply Risk
a. Regions with greatest economic risk and exposure
b. Market Performance and Pricing During Droughts
c. Why the economics of drought are changing - demand firming and the economic boom in agriculture; groundwater policy
II. The Use of Water Markets for Drought Management
a. Drought Emergency Strategies – Reactive Model
i. General Approach Description
1. Short Term – Stop Gap Leasing
2. Water Conservation/Buy Backs
ii. Overview of Regional Drought Emergency Programs
iii. Challenges and lessons learned with this approach
b. Long Term Drought Strategies – Proactive Model
i. General Approach Descriptions
1. Dry Year Options
2. Flexible Rotational Fallowing – Variation of Dry Year Options
3. Groundwater Banking
ii. Overview of Regional Long Term Drought Programs
iii. Challenges and considerations with this approach
III. Outlook for Drought Water Markets
How It Works
Single Connection: $245.00
Additional Connection at the same Organization: $150.00
A site connection allows a single connection to the web conference. That connection is open to any number of users in a collaborative setting. Because there are no travel expenses and only a single registration fee is required, each additional participant lowers the cost per participant significantly.
By purchasing a site connection, you can invite as many people as you would like to view and participate in the session from a single location. Set up the session in a conference room and project the presentation and chat on a large screen. You also have rights to distribute copies of the presentation materials to everyone involved. Please note that audio is received via the phone line and must be broadcast to your group.
If for any reason a relevant stakeholder cannot co-locate for the session, we encourage you to include that person by purchasing an additional connection at the reduced fee of $150 per session. This will ensure that every member of a team receives the same relevant, timely information in the most efficient way. If you have any technical or purchasing questions, please contact us at (818) 888-4444.
CANCELLATION, REFUNDS & CREDITS
Should you be unable to attend, a refund, less a $50 administrative charge, will be made for cancellations received via letter or fax at least 3 working days before the event. We regret cancellations will not be accepted after that date. However, we will be pleased to transfer your registration to another member of your company or credit the registration fee to another Infocast conference if you register within 6 months from the date of this conference. In the event the conference is canceled, Infocast’s liability is limited to the refund of the conference registration fee only.