Author Archives: Rodney T. Smith

About Rodney T. Smith

Rodney T. Smith, Ph.D., President of Stratecon Inc.—an economics and strategic planning consulting firm—advises public and private sector water users on the acquisition, sale and leasing of water rights and water supplies in the western U.S. He is routinely involved in economic valuation of water rights, water investments, and negotiation of water acquisition and transportation agreements and has served as an expert witness in the economic valuation of groundwater resources, disputes over the economic interpretation of water contracts, economics of water conservation and water use practices, and the socio-economic impacts of land fallowing. For more information, see www.stratwater.com.

Federal Funding of the Colorado River Basin in the DOGE Era

Channeling the 20th Century economist Joseph Schumpeter, the federal budget is experiencing “creative disruption” where innovation and technical progress creates “new ways” replacing “old ways” of doing business. While Colorado River interests “freak out” about potential outcomes under DOGE, the Department of the Interior remains “committed to ensuring fiscal responsibility for the American people.”

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Hydrowonk’s Strategy for Addressing Arizona’s Colorado River Water Challenges: Voluntary Transfers with Owners of Arizona’s Senior Colorado River Water Rights

Arizona’s Colorado River Water Challenge

Arizona is facing a critical water supply challenge. The over-appropriation of the Colorado River requires new water conservation to meet the water demands of economic development in Arizona. With groundwater use reaching its limit in Central Arizona, Arizona’s future economic development faces unprecedented challenges in securing adequate surface water supplies. A case example of these challenges are playing in Buckeye, where, as explained in a recent article in Axios, limited water supplies and resulting challenges have halted development and left some houses stranded (approved but unbuilt).

Meeting surface water supply challenges require institutional reform today.

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COVID-19 Economic Recovery and the Colorado River Basin: Part 5: Deconstructing the Impact of COVID-19 on each Colorado River Basin State

Hydrowonk breaks down the COVID-19 Economic Recovery for each Colorado River Basin state.  Channeling Rod Stewart, “every picture tells a story” regarding the context of the economies of each state in the Colorado River Basin.

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COVID-19 Economic Recovery and the Colorado River Basin: Part 4: Evolution of the Bureau of Reclamation’s Role

Addressing the over-appropriation of the Colorado River requires the Bureau of Reclamation to evolve in its role as “watermaster.”  Understandably, the focus over the past decades has been administration of existing water delivery contracts, improved “system operations” and, since the early 2000s, short-term administration of water shortages.  Acknowledgement of “long-term” challenges requires “long-term” responses.  A three-pronged approach may prove the recipe for success.

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