Texas Groundwater: Dispelling Some Common Misconceptions
| dc.creator | Griffin, James M. | |
| dc.date.accessioned | 2018-04-13T14:34:31Z | |
| dc.date.available | 2018-04-13T14:34:31Z | |
| dc.date.issued | 2018-04 | |
| dc.identifier.uri | https://hdl.handle.net/1969.1/166317 | |
| dc.description | Like politics and religion, water is an emotionally charged topic about which reasonable people vehemently disagree. Some of those disagreements arise from three common misconceptions about groundwater. These misconceptions lead adherents to conclude that since the loss in artesian pressure has been quite marked in many of Texas’ key aquifers, these aquifers are facing imminent depletion and the only reasonable policy prescriptions are to limit pumping to recharge and then let regulators decide who gets to pump. Before embracing these policy prescriptions, the article asks us to consider the empirical basis for these three misconceptions and consider using the market forces of Supply and Demand to regulate water. A properly functioning water market would provide price signals of impending shortage giving regulators and the market time to make necessary adjustments. | en |
| dc.language.iso | en_US | |
| dc.publisher | Mosbacher Institute for Trade, Economics & Public Policy | |
| dc.relation.ispartofseries | Volume 9;Issue 2 | |
| dc.rights | Attribution-NonCommercial-NoDerivs 3.0 United States | en |
| dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/us/ | |
| dc.subject | groundwater | en |
| dc.subject | Texas water policy | en |
| dc.subject | acquifer storage | en |
| dc.subject | water markets | en |
| dc.title | Texas Groundwater: Dispelling Some Common Misconceptions | en |
| dc.type | Article | en |
| dc.contributor.sponsor | Bush School of Government and Public Service |
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