private investors are trying to take advantage of coveted water rights to make millions when drought sends water prices through the roof. here s a report ebola arizona is a place few are likely to have heard of. home to some 300 people. this windswept community is a tiny oasis in the sonoran desert. sustained by water from the colorado river. this rural corner of the american west has caught the eye of east coast investors. much of this farmland now belongs to greenstone subsidiary of the financial services conglomerate mass. mutual investment firm want with farmland like this. they wanted for the water. they wanted to make money, you know, off the water rights center attached to the land. county supervisor holly irwin is fighting green stones. recent sale of ebola water to a growing phoenix suburb more than 200 miles away and make millions off of it, you know, at the expense of what it s going to do to our
the climate crisis is being felt across much of the united states and out west they re seeing droughts and receding water levels. u.s. government map shows how much of the country is experiencing these extreme conditions. dark red you see the areas most impacted there. if that weren t difficult enough, the rising cost of water has the potential to make a bad situation worse. rene marsh has the story. reporter: miles of brittle uprooted almond trees lay flat in california. drought tightening water restrictions and now skyrocketing water prices have forced farmers to sacrifice their crops. this is what a thirsty city on the verge of running out of water looks like. we can t continue this. it s not sustainable for our community. reporter: city councilman says it was set to run out of
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