OPINION: 'The slow-motion trainwreck of water availability has been known for decades,' writes Tucsonan Matt Somers.
Just as a Ponzi scheme fails when the economy becomes sour and people want their money back, the land trade in Arizona is just the same. Except, in this case, it’s not the dollars that go missing, but the water.
People are also reading… The slow-motion trainwreck of water availability has been known for decades. The earliest comprehensive book about this coming wreck was Marc Reisner’s “Cadillac Desert” published in the early 1990s. In 2011, “Dead Pool” by James Lawrence Powell warned of future of water overallocation.
What Ned Warren didn’t do is make his swindles legal. While the 1980 GMA was only a start to address water availability, it was still too stringent for developers. So the Republican leadership created the Central Arizona Groundwater Replenishment District . The CAGRD acts as a credit card allowing developers to build now and kick the debt down the road, or, in essence, privatizing today’s profit and socializing future expenses.
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