Beats me!  Let’s see.

California’s Department of Water Resources (“DWR”) argues that BDCP water is a bargain.  I do not find the pitch compelling.  The cost of water is understated.  The BDCP water supply is “non-firm” and not at all comparable to alternatives discussed.  What should be done?  Use a subscription process and find out if federal and state water contractors are willing to enter into contracts to purchase BDCP water.  Continue reading →