Contractors of California’s State Water Project (“SWP”) are negotiating renewal of their SWP contracts that expire in 2037.  Rather than business as usual, California has an once in a generation opportunity to restructure the SWP along economic principles that facilitate better resource utilization, resolve lingering disputes over SWP water supply and transportation, and yield California billions of dollars.  How?  Auction the SWP’s water rights and facilities.  There are many issues to discuss.  Let the dialogue begin. Continue reading →