Shopping for Water: How the Market Can Mitigate Water Shortages in the American West

    November 2014

    Squire Patton Boggs Phoenix Partner Peter Culp, a leading expert on water scarcity, has co-authored a paper with Dr. Robert Glennon of the University of Arizona and Dr. Gary Libecap of the University of California that was recently published by the Hamilton Project, part of the Brookings Institute, and the Stanford Woods Institute for the Environment.

    “Shopping for Water: How the Market Can Mitigate Water Shortages in the American West,” outlines five proposals and/or guidelines aimed at promoting markets for water trading and mitigating water supply challenges for state and local governments to consider.

    The paper has been garnering significant press attention and was recently featured at a joint Hamilton Project/Stanford Woods Institute for the Environment forum about “New Directions for US Water Policy.” California Governor Jerry Brown and Facebook COO, Sheryl Sandberg, both spoke at the forum, which focused on how we can best manage our greatest global resource- water. Several high-profile media outlets covered the event as well as the paper, including the Wall Street Journal, Washington Post, The New Republic, The New York Times, Yahoo! News, The Energy Collective, Brookings Institute, Mineweb, and PeakOil.