Water Rights & Trading Summits to Highlight Investment Opportunities Arising From Water Scarcity
AWI, WWR to host summits in western U.S. to discuss groundwater issues in water-stressed states
Three Water Rights and Trading Summits will be held in 2012 to highlight the business and investment opportunities being created by the water crisis in the western United States. American Water Intelligence (AWI) and WestWater Research (WWR) will be jointly holding these regional events in Arizona, California and Texas in order to focus on finding solutions to resource issues in some of the most water-stressed states in the union.
“Water is a crucial component of our economic future, and the U.S. has serious issues relating to developing reliable water supplies. If America is not already facing a water crisis, we know it will soon,” said Clay Landry, managing director of WWR and co-organizer of the new summit series.
Groundwater is currently being withdrawn from America’s aquifers faster than the rate of recharge, and officials warn that there will be a steady decline in the quantity and quality of water available from these sources. As these problems hit the agricultural and industrial production sectors, there could be economic and humanitarian consequences.
The summits are planned to attract professionals from law, finance, engineering and government as well as local water business professionals.
The dates and locations for the 2012 summits are:
• Feb. 2 and 3 in Scottsdale, Ariz.;
• April 12 and 13 in Santa Barbara, Calif.; and
• Oct. 4 and 5 in Houston.