Groundwater Management under SGMA—A Role for Markets Part 1
The June 30, 2017 deadline for medium and high-priority groundwater basins to create Groundwater Sustainability Agencies (“GSAs”) under California’s Sustainable Groundwater Management Act (“SGMA”) is behind us, and the newly-formed regulatory agencies must now figure out how they will meet their purpose of stopping overdraft and bringing groundwater to sustainable levels. SGMA implementation can easily […]