Mark Chettyak, Peter Waldman and Sindhuja Runkarajan are here to tell us about their investigation of how some companies are turning California's increasingly scarce water into enormous profits. Because the groundwater has been depleted, they're having to build these massive wells that plunge a thousand feet or deeper into the deeper aquifer in order to find the resource during drought periods.
Despite the rain-soaked year California has had, the ongoing issues of drought and limited water remain. Bloomberg reporters Peter Waldman, Mark Chediak, and Sinduja Rangarajan join this episode to talk about how farms that grow lucrative cash crops like almonds and pistachios are digging deeper and deeper wells to tap the state’s dwindling groundwater supply–leaving people in some communities with less to drink.
Read the investigation here: Groundwater Gold Rush
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