In 2017, California’s State Water Resources Control Board adopted a drinking water standard for the regulation of 1,2,3-Trichloropropane (TCP) at a maximum contaminant level of 5 parts per trillion. In a January 2021 presentation at a webinar sponsored by the American Ground Water Trust, Hydrowonk argued that addressing TCP groundwater contamination will cost at least $4 billion. Many of the challenges occur in Economically Disadvantage Communities that lack institutional capacity to develop, fund and operate projects.
Despite the fact that oil has long been nicknamed “black gold,” oil has been anything but gold as of late. Supply gluts in the United States and fighting among the OPEC countries caused a dramatic decline in crude oil prices over the last 6 months or so. As the chart below shows, crude oil prices have dropped from about $82 per barrel at the beginning of November to approximately $50 a barrel today. While US consumers enjoy lower prices at the pump, the significant drop in oil prices is causing major challenges in the industry. Continue reading