3min chapter

Money For the Rest of Us cover image

How Profits Motivate Change

Money For the Rest of Us

CHAPTER

The Colorado River Compact Isn't Going to Work, but It's Going To.

The Colorado River Compact was based on the assumption that the average annual flow would be around 16.5 million acre feet per year. But between 2000 and 2022, where we've been in a 23-year drought, it's averaged 12.1 million acre feet. The Bureau of Reclamation has told the states they need to cut their allocation of water by two to 40% of the annual river flow. Six of the states came up with a proposal, but California said no because the six states' proposals included counting evaporation of the river water as part of what the states got. Under the proposal of those six states, California would immediately see a cut of 18.5%, and potentially

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