Uncertainty and Risk in Securing Adequate Water Supplies: Challenges and Opportunities
The Environmental Law Institute and ZAG-S&W hosted a seminar, "Uncertainty and Risk in Securing Adequate Water Supplies: Challenges and Opportunities," on March 28, 2012.
The combination of increasing demand and reduced water supplies creates heightened uncertainty regarding long-term water availability. Our panel discussed recent trends and market solutions, including:
- Importance of due diligence and risk assessment for investors and ensuring accurate public disclosure
- Need for innovative approaches to financing water-related infrastructure improvements given reduced Federal funding
- Role of economics, conservation pricing and water rights trading
- Significance of Federal laws affecting water allocation, e.g. Endangered Species Act and Corps of Engineers requirements, as well as Interstate Compacts and equitable apportionment decrees
- Interstate disputes and thorny allocation issues
- Role of innovation and technology to address issues of water supply and water efficiency
- Sharlene Leurig, Senior Manager, Ceres, author of "Water Risk in the Municipal Bond Market"
- Steven Maxwell, Principal, TSG, author of "The Future of Water"
- G. Tracy Mehan III, Principal, the Cadmus Group, former EPA Assistant Administrator for Water
- Jerry Sherk, Of Counsel, ZAG-S&W, water law attorney
- Jim Wrathall, Counsel, ZAG-S&W, former Majority Senior Counsel, U.S. Senate Environment and Public Works Committee
- Uncertainty and Risk in Securing Adequate Water Supplies: Challenges and Opportunities, March 2012 (PDF - slides only)
- Uncertainty and Risk in Securing Adequate Water Supplies: Challenges and Opportunities, March 2012 (.wmv - slides and audio)