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- Title
An Institutional Framework for a Water Market in the Elephant Butte Irrigation District.
- Authors
Winchester, Brandon; Hadjigeorgalis, Ereney
- Abstract
Water scarcity in New Mexico has become increasingly severe over the past decade, threatening to disrupt interstate compact deliveries. to Texas and Mexico. In response, the Office of the State Engineer (OSE) has launched Active Water Resource Management (AWRM), of which one component is water marketing. In this paper, we propose an institutional framework for a water market in the Elephant Butte Irrigation District (EBID)— the largest surface water supplier in New Mexico. This framework is based on a review of current water resource management, institutional and regulatory constraints, and requirements for an efficient market. The paper concludes with policy recommendations to transition the EBID to a fully operational water market.
- Subjects
NEW Mexico; WATER supply management; WATER shortages; IRRIGATION districts; POPULATION &; the environment; ELEPHANT Butte Reservoir (N.M.)
- Publication
Natural Resources Journal, 2009, Vol 49, Issue 1, p219
- ISSN
0028-0739
- Publication type
Article