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Tag: Water Speculation

Orchard Mesa ditch
Posted inWater

Lawmakers suspend attempt at legislative fix for water speculation

by Heather Sackett April 23, 2022December 12, 2022

Still, the threat from out-of-state, urban interests loomed large at Thursday’s hearing.

The Government Highline Canal
Posted inWater

River District addresses controversial water speculation bill

by Heather Sackett February 4, 2022December 12, 2022

The River District’s amendment is an attempt to revise the current proposed legislation, which has not found support from agricultural water users.

The Government Highline Canal
Posted inWater

Investment water speculation bill clears committee

by Heather Sackett October 30, 2021November 3, 2021

The draft bill gives the state engineer at the Department of Water Resources the ability to investigate complaints of investment water speculation and fine a purchaser up to $10,000 if they determine speculation is occurring.

The Government Highline Canal
Posted inWater

Colorado work group fails to reach consensus in anti-speculation report

by Heather Sackett August 18, 2021November 2, 2021

The lack of consensus or recommendations underscores how difficult it is to answer the thorny question at the heart of the issue: How can the government balance protecting a public resource from profit-seeking investors without infringing on private-property rights?

Posted inWater

Colorado is examining water speculation, and finding it’s ‘all the problems’ in one

by Heather Sackett and Luke Runyon/KUNC May 5, 2021November 2, 2021

This system, used widely in the western United States, creates an opening for investors who see water as an increasingly valuable commodity in a water-short future, driven by climate change.

Posted inWater

Western Colorado water purchases stir up worries about the future of farming

by Heather Sackett and Luke Runyon/KUNC May 29, 2020November 29, 2021

Since 2017, Water Asset Management has spent $16.6 million buying up 2,222 acres of irrigated agricultural land in the communities of Fruita, Loma and Mack, west of Grand Junction.

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