According to The New York Times, investor interest in the Colorado River could redefine century-old rules for who controls one of the most valuable economic resources in the United States, water. Hedge funds and private investors have been buying up farmland with old, powerful water rights for years, including in Colorado’s Grand Valley and the historic San Luis Valley, with investor interest growing. How pressure from the private sector will influence negotiations over new operating rules for the Colorado River starting this year isn’t clear yet.
Read more on this story from The New York Times.
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