Wall Street Sees Profits in Dropping Colorado River Levels :

As Wyoming and other Colorado River Basin states grapple with ways to keep a river more than 40 million people, agriculture and industry depend on flowing, Wall Street is tapping water scarcity to deliver steep profits. Gary Wockner, director of the group Save the Colorado, said hedge funds and other investors have acquired key parcels of land with water rights. In the early 2000s, Wockner pointed out, you could buy Colorado River water for about $8,000 dollars per acre foot. ...

Related Keywords

Colorado , United States , Arizona , Nevada , Lake Powell , Nebraska , Wyoming , Minnesota , California , New Mexico , Utah , Glen Canyon Dam , American , Sinjin Eberle , Herbert Hoover , Gary Wockner , Beth Knudsen , Department Of Natural Resources , Us Bureau Of Reclamation , Minnesota Department Of Natural Resources , Health Assessment Framework , Colorado River Basin , Wall Street , Colorado River , New York Based , Water Asset Management , Natural Resources , Watershed Health Assessment Framework , Minnesota Department , Glen Canyon , American Rivers , Canyon Dam , Dead Power , Dead Pool , Colorado River Compact , Commerce Secretary Herbert Hoover , Salmon Recovery , Colorado Water Plan , Htmlcss Bootstrap , Ulti Level Menu , Ubmenu , Reeview Nav Menu Examples ,