Removing the Political Shortage of Water

Water is a big issue here in New Mexico. As I’ve pointed out in the past, while New Mexico’s urban water users are constantly admonished to conserve and reduce usage, the real issues are agriculture (which uses 75% of New Mexico water) and simple inefficiency.
As the National Center for Policy Analysis points out in their bulletin — which relies in part on RGF data — increased privatization of water is a global phenomenon that can result in significant cost savings for consumers and a more rational distribution of water. Until water is priced at something close to market rates, we’re going to suffer from “shortages” and less than optimal water distribution which will ultimately hurt our economy.