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Oh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS! | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription"
] |
>
Literally the plot to "Oxygen" from Doctor Who, season 10. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!"
] |
>
the lorax movie | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10."
] |
>
Fuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie"
] |
>
Yep and they will be first in line for handouts when they are forced to switch to desalination... | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource."
] |
>
Investment groups buying up water and houses. This is going to end well. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination..."
] |
>
Another South Park episode coming to life. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well."
] |
>
Streaming wars | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life."
] |
>
Someday I will eat at Casa Bonita | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars"
] |
>
Only if we hide butters for good this time | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita"
] |
>
Don't do it, Stotch.. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time"
] |
>
This should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch.."
] |
>
So is housing, access to medical treatment, and food. Should we really be paying for those things? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls."
] |
>
Phrasing. We should pay for it collectively. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?"
] |
>
No one ever said "Oh, thank God, the hedge fund managers are here!" | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively."
] |
>
Water rights should not be a thing. It is a public resource that should exist for the benefit of all. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\""
] |
>
They need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.
Better would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of). | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all."
] |
>
I think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of)."
] |
>
The water's not privately owned- it is administered by the government.
The government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.
What these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government."
] |
>
The government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.
That bolded part IS private ownership of the water. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably."
] |
>
All water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water."
] |
>
Isn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty” | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take."
] |
>
You obviously have no idea which cabinet dept does what.
Homeland Securitys job is to lock up brown people in secret prisons. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”"
] |
>
James Bond Quantum of Solace is aging like fine wine. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons."
] |
>
Unpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.
The issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit.
Water Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.
For sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.
Furthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.
If you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money.
Like I said, unpopular opinion. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine."
] |
>
Holy shit. Mormons? Fuck. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion."
] |
>
Word my man | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck."
] |
>
Mormon Church makes Scientologists look small time. They only own a city. Mormons own a state. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man"
] |
>
Begun the water wars have...
Bleak the future is... | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state."
] |
>
Thank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is..."
] |
>
Thanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p"
] |
>
We are being privatized to death. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington"
] |
>
Those rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death."
] |
>
This kind of thing isn't new, just more obvious.
I don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve."
] |
>
" this some wet ass pussy:- south park | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases."
] |
>
Anyone else tired of investment corps buying real estate? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park"
] |
>
South Park nails it again.
The Streaming Wars are happening... | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?"
] |
>
No one should own water | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening..."
] |
>
Jesus. Does everything have to be about making money in the US? This water should not be monetized. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water"
] |
>
South Park tackled this. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized."
] |
>
Jesus they're doing the same thing with housing here in RI where we have 3% available 😒 | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this."
] |
>
Some New York investors need to be dragged into the middle of the desert and left there. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒"
] |
>
I have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies.
Hedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions.
This is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there."
] |
>
I help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves."
] |
>
Not investors, speculators. The very word ‘betting’ is proof enough. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights."
] |
>
Water shouldn’t be a commodity. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough."
] |
>
Privatization of water sounds like.....what was that movie....oh yea, Fury Road. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity."
] |
>
Also Idiocracy | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road."
] |
>
How is it that we are allowing speculation on this? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy"
] |
>
They're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?"
] |
>
Why the HELL should investors be able to do this?! Insanity. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale."
] |
>
Capitalism is not the be all. It is the end all. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity."
] |
>
I hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all."
] |
>
Water rights should only exist in the sense that every human has rights to all fresh water at no cost.
There's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people"
] |
>
Yeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.
To bad we live in a society that fosters that kind of behavior and those types of people… | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here."
] |
>
A strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.
Reboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes.
Refresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…"
] |
>
Here comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought."
] |
>
They’re pulling a Quantum of Solace | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt"
] |
>
This is how you get a civil war
They really don't get it do they | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace"
] |
>
Can’t wait for the water wars | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they"
] |
>
That law saying it's theirs will totally mean something when millions start going without water. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars"
] |
>
Well commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑 | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water."
] |
>
Water should not be a profitable commodity. Next they’ll want to charge you for air. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑"
] |
>
Shorting the end of the world. Hell yeah | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air."
] |
>
AZ has already sold its aquifer to Saudi's. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah"
] |
>
Why is that even possible? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's."
] |
>
Umm, this is the part where the federal gov’t might want to step in? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?"
] |
>
Seems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?"
] |
>
I love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue."
] |
>
The worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.
Tijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us."
] |
>
Before resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away). | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?"
] |
>
Of course they are! Because America is an irredeemable hyper-capitalistic dystopia. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away)."
] |
>
Chinatown was a documentary, and the events happened in real time. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia."
] |
>
Maybe Colorado residences/ranches/farms should have first right of refusal? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time."
] |
>
A majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?"
] |
>
Does Colorado not have a say in this? Or did they just give that up? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that"
] |
>
depends, states down the river have an allotment they are entitled to.
You see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?"
] |
>
Remember those gag gift cans of fresh mountain air? Not so funny now, huh? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing."
] |
>
I remember Perri-Air in Spaceballs. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?"
] |
>
I was actually thinking of that when I made my comment. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs."
] |
>
Might I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment."
] |
>
Thanks for the recommendation I'm adding it to my list! | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?"
] |
>
New Yorkers can ruin other people's home states without even travelling there now | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!"
] |
>
Rivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now"
] |
>
Somehow I think this should be illegal. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry."
] |
>
Water (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal."
] |
>
The shroud of the investors has fallen. Begun the water wars have | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel."
] |
>
These streaming services are popping up everywhere | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have"
] |
>
Can we all agree that this sort of "investment" ought to be criminally prosecutable, rather than rewarded? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere"
] |
>
Like the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?"
] |
>
South Park did a two part special on this. Lol | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them."
] |
>
Im not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol"
] |
>
So when do we get to start eating the rich? Or harvesting the water from their bodies fremen style. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol",
">\n\nIm not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists"
] |
>
Part of the risk of something like this is the government nullifying rights like this for the public good.
I hope they lose it all but who am I kidding. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol",
">\n\nIm not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists",
">\n\nSo when do we get to start eating the rich? Or harvesting the water from their bodies fremen style."
] |
>
Something is seriously wrong with the USA.
Don't nestle the water! | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol",
">\n\nIm not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists",
">\n\nSo when do we get to start eating the rich? Or harvesting the water from their bodies fremen style.",
">\n\nPart of the risk of something like this is the government nullifying rights like this for the public good.\nI hope they lose it all but who am I kidding."
] |
>
Begun the climate wars have. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol",
">\n\nIm not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists",
">\n\nSo when do we get to start eating the rich? Or harvesting the water from their bodies fremen style.",
">\n\nPart of the risk of something like this is the government nullifying rights like this for the public good.\nI hope they lose it all but who am I kidding.",
">\n\nSomething is seriously wrong with the USA.\nDon't nestle the water!"
] |
>
What could go wrong commodifying another essential resource? It’s not like we have problems with housing, medical care, or even clean water access in a state capital. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol",
">\n\nIm not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists",
">\n\nSo when do we get to start eating the rich? Or harvesting the water from their bodies fremen style.",
">\n\nPart of the risk of something like this is the government nullifying rights like this for the public good.\nI hope they lose it all but who am I kidding.",
">\n\nSomething is seriously wrong with the USA.\nDon't nestle the water!",
">\n\nBegun the climate wars have."
] |
>
So since South Park is in Colorado is this what they were actually talking about with the "streaming wars"? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol",
">\n\nIm not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists",
">\n\nSo when do we get to start eating the rich? Or harvesting the water from their bodies fremen style.",
">\n\nPart of the risk of something like this is the government nullifying rights like this for the public good.\nI hope they lose it all but who am I kidding.",
">\n\nSomething is seriously wrong with the USA.\nDon't nestle the water!",
">\n\nBegun the climate wars have.",
">\n\nWhat could go wrong commodifying another essential resource? It’s not like we have problems with housing, medical care, or even clean water access in a state capital."
] |
>
You can’t own water, that’s gods water. | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol",
">\n\nIm not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists",
">\n\nSo when do we get to start eating the rich? Or harvesting the water from their bodies fremen style.",
">\n\nPart of the risk of something like this is the government nullifying rights like this for the public good.\nI hope they lose it all but who am I kidding.",
">\n\nSomething is seriously wrong with the USA.\nDon't nestle the water!",
">\n\nBegun the climate wars have.",
">\n\nWhat could go wrong commodifying another essential resource? It’s not like we have problems with housing, medical care, or even clean water access in a state capital.",
">\n\nSo since South Park is in Colorado is this what they were actually talking about with the \"streaming wars\"?"
] |
>
I wonder if these people ever wonder if they are like movie villains? Or do they just laugh about it? I wonder what they were like as children? | [
"So the rich gambling with other peoples water. Nice.",
">\n\nInstead of trying to prevent a crisis from happening, the rich are trying to profit off of said crisis",
">\n\nThe bigger the crisis, the more you can surcharge",
">\n\nThey do this in Florida. They drain the water from Okeechobee into the ocean, along with all the fertilizer then claim a shortage. This is why there were the devastating algae blooms. All for greed. \nSource: family member quit after working in the system that did this.",
">\n\nOur neighbors have been dumping garbage into the sink hole where all their cow and corn water goes. Our well has been un drinkable since we started testing it in '95.\nIt's not so much greed as pure ignorance. They burn all of their garbage in pits now. Plastic and everything. 30 years of this shit.",
">\n\nIs burning and/dumping garbage legal near you?",
">\n\nThe local sheriff deputies are all related. They pump lead into the sink for target practice and illegally feed deer on our property. Hunting dogs bark all nightmare.",
">\n\nDamn, have you tried offering them something like a second grade education so that they might stop being absolute fucking idiots?",
">\n\nHigher education is for liberal sissies",
">\n\nYa'll get outta here wit ya fancy book learnin'!",
">\n\nThis should be illegal.",
">\n\nWhy are Colorado reps letting this happen? They’re selling out their constituents",
">\n\nWe need the government/courts to have the balls to throw out the seniority water rights system. This would be such a titanic shift that it is considered impossible",
">\n\nOr at least tie them up in the property somehow, rather than make the rights a commodity you can buy and sell anywhere.",
">\n\nThey are buying the land. But not for the land. Because of the water rights tied to the land. It's in the article.",
">\n\nAnd also if you read the article:\n\nDiserio, said one of his firm's strategies is to profit from water in part by making the farms it buys more efficient and then selling parts of its water rights to other farmers and cities\n\nBuying land to sell the water rights independently of the land is the kind of thing that's the problem. Water rights tied to the land aren't the problem, and even land values being high based on their involved water rights isn't a problem, as that's the case all over the country.",
">\n\nJust to add though, part of the problem with the Colorado River Basin is HOW the water rights were divided up. Issues with how much the allocations were based off of, little consideration for how that has decreased over the years, a risk of losing out on allocations if you don't always need it all, our prior lack of understanding on how these rivers replenished groundwater reservoirs, and many more issues. Like much of america, still running off policies developed decades or centuries before, without much consideration for how much we have learned and circumstances have changed over those decades.",
">\n\nYeah, it's definitely problems going way back. I can see how a hedge fund buying farm property, modernizing to use less water. then selling the excess right might look like an improvement. But it's basically asking the \"invisible hand of the market\" to solve the water shortage. I don't know anyone who expects that to work out well for anyone, except to boost the hedge fund's shareholder-profit.",
">\n\nHard times are a comin. \nLet's profit off the misery that will follow!!! Yay!",
">\n\nThe American Way!",
">\n\nFuck the “American way”",
">\n\nShould we talk about the looming Aral sea disaster? Maybe have somebody competent reinspect the 3 Gorges Dam? This isn't a particularly American problem.",
">\n\nNote to self avoid states relying on this.",
">\n\nArizona resident here, we're screwed. We have really nice golf courses so that good.......",
">\n\nWhy do you have nice golf courses when your state consists of deserts and rock formations?",
">\n\nAs I commented to someone on a similar thread not too long ago, everyone in this country, or at least western states with water scarcity, should have to read the book “Cadillac Desert”. Lays out the history of water development in the region, and why things are the way they are now. \nBasically, big infrastructure projects for water were federally funded at outrageously low rates to encourage development in the region, with essentially no plan for them to be repaid in any meaningful timespan. The water accrued by dams was estimated based on what turned out to be a particularly wet turn of the climate, and because the states borders were lazily laid out in a grid-like fashion (AZ, NM, CO, UT being squarish) instead of along more sensible lines surrounding watersheds, the water from said projects had to be divided amongst several states. But, given that said states had yet to be developed enough to use their shares, it set off a race as each one tried to overdevelop in an attempt to “claim” other states’ water rights. Ostensibly, they would give the rights back once the other states caught up in the development process and needed the water… but of course, by then they wouldn’t reasonably be able to do so and would get to keep the rights in perpetuity. Hence why places like AZ have so many fucking golf courses (a ridiculously water intensive feature) on the middle of a desert; it was a cheap and quick way to “claim” the water before other states could do so. Because apparently nobody could predict the water would run dry and the area would be overdeveloped. Fucking ridiculous.",
">\n\nIt would've been nice to learn about stuff like this in school.",
">\n\nBut you can just learn it on Reddit in 2 mins",
">\n\nYeah, I just feel like information like that would have been more beneficial to me earlier in life.",
">\n\nHonestly though. That’s almost all information.",
">\n\nany minute in America air & sunshine will be a paid monthly subscription",
">\n\nOh I'm sorry, it would seem you've used up your daily oxygen quota for the day! Wait 55 minutes for more FREE oxygen, or you can skip the wait and breathe unlimited oxygen with our Oxygen Battle Pass Premium+ brought to you by our sponsor RAID SHADOW LEGENDS!",
">\n\nLiterally the plot to \"Oxygen\" from Doctor Who, season 10.",
">\n\nthe lorax movie",
">\n\nFuck these investors, fuck nestle, fuck everyone who aims to profit off this finite yet incredibly important resource.",
">\n\nYep and they will be first in line for handouts when they are forced to switch to desalination...",
">\n\nInvestment groups buying up water and houses. This is going to end well.",
">\n\nAnother South Park episode coming to life.",
">\n\nStreaming wars",
">\n\nSomeday I will eat at Casa Bonita",
">\n\nOnly if we hide butters for good this time",
">\n\nDon't do it, Stotch..",
">\n\nThis should not be allowed to happen. Water is necessary for life and shouldn’t be exploited for profit. Fucking vultures and ghouls.",
">\n\nSo is housing, access to medical treatment, and food. Should we really be paying for those things?",
">\n\nPhrasing. We should pay for it collectively.",
">\n\nNo one ever said \"Oh, thank God, the hedge fund managers are here!\"",
">\n\nWater rights should not be a thing. It is a public resource that should exist for the benefit of all.",
">\n\nThey need to be a thing, though, because there is not enough water to go around. Without water rights, there is nothing to stop someone upstream from diverting all of the water to their own uses.\nBetter would be to reserve water rights only to the people/businesses/farms/etc. that use it. They should not be a thing that investors can buy or sell (and drive up the cost of).",
">\n\nI think what he means is that water should not be privately owned. It should be an exclusively public resource that is managed my the government.",
">\n\nThe water's not privately owned- it is administered by the government. \nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself. \nWhat these investors are doing is buying land, and- in the case of the group mentioned in the article, expect to use less than they're entitled to take, then sell the excess for a profit- expecting that the value of that water is going to go up considerably.",
">\n\n\nThe government said that a certain parcel of land is entitled to a certain amount of water from this or that river, and the land definitely can be owned. And to encourage efficiency, you can sell what water you don't use yourself.\n\nThat bolded part IS private ownership of the water.",
">\n\nAll water rights should be defined as a percentage. And the percentages can’t add up to more than 100%. And each year they determine what each shareholder can take.",
">\n\nIsn’t homeland suppose to come in and say, “hmmm, isn’t this a resource that protects and sustains trillions of dollars of American assets? Yeah, no playing around with things like that because, ya know, National seKuRoty”",
">\n\nYou obviously have no idea which cabinet dept does what. \nHomeland Securitys job is to lock up brown people in secret prisons.",
">\n\nJames Bond Quantum of Solace is aging like fine wine.",
">\n\nUnpopular opinion: I personally know the people behind Water Asset Management. They are not the devil.\nThe issue here is that water rights are not allocated according to highest and best use. Accordingly, vast sums of water are wasted watering sandy soil to grow Sudan Grass , Alfalfa and the like under the “use it or lose it mentality that generates almost no benefit. \nWater Asset’s business plan is to switch to more climate appropriate crops in keeping with the local ecology and then divert some of the wasted water to uses other than pouring water into sand.\nFor sure, Water Asset Management has no, zero interest in fallowing farm land and wrecking the local farm economy - that’s bad for business.\nFurthermore, the Colorado water compact is badly broken. Water Asset Management has been at the forefront to resolve this problem that we all share in common.\nIf you need someone to hate on, go after the Mormon church. They own more farmland in the USA than anyone. Anything Water Asset Management owns they had to outbid the Mormons for. The Mormons are just greedy self serving bastards with no regard for the consequences of global warming etc. Given the chance the Mormons would pave America from coast to coast if it made them money. \nLike I said, unpopular opinion.",
">\n\nHoly shit. Mormons? Fuck.",
">\n\nWord my man",
">\n\nMormon Church makes Scientologists look small time. They only own a city. Mormons own a state.",
">\n\nBegun the water wars have...\nBleak the future is...",
">\n\nThank god I live in BC Canada. We’ll be building a wall soon to keep you Americans away from our water. :-p",
">\n\nThanks again for all that pollution you dumped and sent down the Colombia and Okanogan rivers. -Washington",
">\n\nWe are being privatized to death.",
">\n\nThose rights need to be nationalized. Water rights shouldn’t be a tradable commodity, especially since upstream users have no incentive to conserve.",
">\n\nThis kind of thing isn't new, just more obvious. \nI don't know if they're still doing it but oil and gas companies in SW Colorado were trying to claim that their purchase of mineral rights included the water rights. The lawyer who negotiated an easement on my parents property got an oil company was fighting oil companies on several cases.",
">\n\n\" this some wet ass pussy:- south park",
">\n\nAnyone else tired of investment corps buying real estate?",
">\n\nSouth Park nails it again.\nThe Streaming Wars are happening...",
">\n\nNo one should own water",
">\n\nJesus. Does everything have to be about making money in the US? This water should not be monetized.",
">\n\nSouth Park tackled this.",
">\n\nJesus they're doing the same thing with housing here in RI where we have 3% available 😒",
">\n\nSome New York investors need to be dragged into the middle of the desert and left there.",
">\n\nI have been afraid of this for a while and tout that no company should be able to regulate water, as it’s intended to be for the land and the land owners, that aren’t companies. \nHedge funds, manipulating water rights is the fucking scariest thing I can think of next to Nestle saying water is not a human right. Fuck Nestle, fuck companies who seek to make money off of the main water source for almost ALL agriculture in the Western/Mid Western regions. \nThis is a foul and nasty grab for something only a firm from New York could devise. Fucking thieves.",
">\n\nI help run a small company in Los Angeles that sells and installs Grey and Rainwater Recycling Systems at homes and businesses. It’d be awesome if these investors focused on companies working to relieve the drought vs just gobbling up water rights.",
">\n\nNot investors, speculators. The very word ‘betting’ is proof enough.",
">\n\nWater shouldn’t be a commodity.",
">\n\nPrivatization of water sounds like.....what was that movie....oh yea, Fury Road.",
">\n\nAlso Idiocracy",
">\n\nHow is it that we are allowing speculation on this?",
">\n\nThey're not allowing speculation per se, the investors are buying farms that own water rights when they come up for sale.",
">\n\nWhy the HELL should investors be able to do this?! Insanity.",
">\n\nCapitalism is not the be all. It is the end all.",
">\n\nI hate these New York investors they're destroying Philadelphia and now they're trying to destroy the Colorado river and leave less water for people",
">\n\nWater rights should only exist in the sense that every human has rights to all fresh water at no cost.\nThere's a fuckin' reason I'm not leaving Minnesota. And it ain't cause I'm stuck here.",
">\n\nYeah rich people suck, $$$ is their god and you can’t trust anyone that worships money.\nTo bad we live in a society that fosters that kind of behavior and those types of people…",
">\n\nA strong government would simply step in and tear up every single water rights contract and tell everyone FUCK ALL OF YOU, THERE ISN’T ENOUGH WATER TO FULFILL SAID CONTRACTS, THEREFORE THE CONTRACTS ARE INVALID.\nReboot the contract system and head it up by the EPA and back it by science and science alone. Hire a few dozen scientists with their masters in assorted disciplines related to water management and don’t let them talk to a single company directly. Hire independent auditors to figure out the current NEEDS and minimum possible water any user can get away with. Threaten auditors with 7 figure fines for accepting ANY gifts or bribes. \nRefresh the contracts every 5 years with fresh science and have an emergency clause that allows further winding back in case of severe drought.",
">\n\nHere comes the water wars. Not being able to purchase or control fresh water supply privately sounds like a good idea. But that would mean society isn't corrupt",
">\n\nThey’re pulling a Quantum of Solace",
">\n\nThis is how you get a civil war\nThey really don't get it do they",
">\n\nCan’t wait for the water wars",
">\n\nThat law saying it's theirs will totally mean something when millions start going without water.",
">\n\nWell commodifying housing, an essential need for a functional society, got boring. Imagine how much money there is to be made when you make water scarce by buying it all up an only selling to those willing to pay the most. 🤑🤑🤑🤑🤑",
">\n\nWater should not be a profitable commodity. Next they’ll want to charge you for air.",
">\n\nShorting the end of the world. Hell yeah",
">\n\nAZ has already sold its aquifer to Saudi's.",
">\n\nWhy is that even possible?",
">\n\nUmm, this is the part where the federal gov’t might want to step in?",
">\n\nSeems like the smartest minds are always looking to make money off a crisis instead of trying to solve it. These investors will likely profit handsomely from the homework they have done on water rights. Too bad all that brain power isn’t being channeled to solving the water issue.",
">\n\nI love this. More please. More greed, less problem solving. The sooner we dine on the rich the sooner we can start creating a better world for all of us.",
">\n\nThe worst part is, Mexico receives less than 10% of the total water in the Colorado River, and most of that is used for farming. Farming which provides America with some of its winter vegetables, but is also used to support the rural communities and local area south of the border.\nTijuana, a city of 2 million people, receives 90% of its water from the Colorado River. Are those investors going to ensure the downriver dependents are looked after? How will this affect the Raise The River scheme, and the downriver ecosystems dependent on the river?",
">\n\nBefore resources plummet, investors do their best to get a hand in the supply. This is because when resources become less abundant the price of that resource goes up, and an investor can make gains on the price increases. Buy low, sell high. What the residents around the Colorado river need to do is petition the sales and make this state land. Those protections will allow the people to reap its benefits rather than someone that is only there for profit (and 2000 to 3000 miles away).",
">\n\nOf course they are! Because America is an irredeemable hyper-capitalistic dystopia.",
">\n\nChinatown was a documentary, and the events happened in real time.",
">\n\nMaybe Colorado residences/ranches/farms should have first right of refusal?",
">\n\nA majority of that river isn't even in Colorado. I get your point, but it's a little trickier than that",
">\n\nDoes Colorado not have a say in this? Or did they just give that up?",
">\n\ndepends, states down the river have an allotment they are entitled to. \n\nYou see this issue constantly of states with dams wanting to generate electricity and those down river who need it for whatever they are doing.",
">\n\nRemember those gag gift cans of fresh mountain air? Not so funny now, huh?",
">\n\nI remember Perri-Air in Spaceballs.",
">\n\nI was actually thinking of that when I made my comment.",
">\n\nMight I suggest the novel, “The Water Knife,” by Paolo Bacigalupi as a potentially prescient science fiction take on this?",
">\n\nThanks for the recommendation I'm adding it to my list!",
">\n\nNew Yorkers can ruin other people's home states without even travelling there now",
">\n\nRivers and aquifers don’t care about property lines. Whoever has the deeper well can siphon out more than the neighbors and run their wells dry.",
">\n\nSomehow I think this should be illegal.",
">\n\nWater (and water quality) is a right for all Americans and should not be subject to the for-profit motives of any investment cartel.",
">\n\nThe shroud of the investors has fallen. Begun the water wars have",
">\n\nThese streaming services are popping up everywhere",
">\n\nCan we all agree that this sort of \"investment\" ought to be criminally prosecutable, rather than rewarded?",
">\n\nLike the New York form that bought Pacific lumber and stripped the forest for profit. Pacific lumber was husbanding their land/resources responsibly. Fucking New York investment firm ruined an environmentally responsibly company for dollars. Fuck capitalism for this alone. Can't wait to see what California will do when there is no water left in the Colorado when it gets to them.",
">\n\nSouth Park did a two part special on this. Lol",
">\n\nIm not opposed to eco terrorism. Hell, these corporate dicks are the true eco terrorists",
">\n\nSo when do we get to start eating the rich? Or harvesting the water from their bodies fremen style.",
">\n\nPart of the risk of something like this is the government nullifying rights like this for the public good.\nI hope they lose it all but who am I kidding.",
">\n\nSomething is seriously wrong with the USA.\nDon't nestle the water!",
">\n\nBegun the climate wars have.",
">\n\nWhat could go wrong commodifying another essential resource? It’s not like we have problems with housing, medical care, or even clean water access in a state capital.",
">\n\nSo since South Park is in Colorado is this what they were actually talking about with the \"streaming wars\"?",
">\n\nYou can’t own water, that’s gods water."
] |
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