S4E13 - Can Groundwater Trading help California save $580 million per year? | (don't) Waste Water! | Water Tech to Solve the World

Description

with 🎙️ Ellen Bruno, Extension Economist @ UC Berkeley

💧 The Department of Agricultural and Resource Economics at UC Berkeley leads research and outreach on economic and policy issues relevant to California’s agriculture and natural resources.

What we covered:

🌱 How the Sustainable Groundwater Management Act is a challenge and an opportunity for all the Californian water users

🧮 How when reducing water allowances, some approaches are more efficient than others

💰 How the price of Water influences its uses - and to which extent

🧮 What the price elasticity of water demand actually is, and how of inelastic good water is

🍏 How water trading and groundwater markets could better market failures and smoothen the transition towards water restrictions

🍏 How markets are not perfect, yet can be the best tool in a given context

🧮 How if you've invested in a crop, a bottom-line calculation enables you to determine the threshold at which it's profitable to stop watering it and let it die

🔬 How research happening in universities shall be leveraged into practical knowledge

🤔 Which levers can influence a water market, and how pertinent that influence actually is in the Californian example

🚰 How the groundwater tariffs in place in Coachella enable to artificially replenish the water table

🚜 How agricultural and urban users have slightly different behaviors when it comes to water and how to leverage it

🍏 How water market experiments are rolled out, and who shall best be participating in this trading

🍏 How to measure the (positive) impact of a water market compared with the status quo

🎤 The specificities of Water Management in Coachella, resemblances, and differences with Israel & Australia, farmers doing what's best for business, why groundwater is better suited to trading than surface water... and much more!

🔥 ... and of course, we concluded with the 𝙧𝙖𝙥𝙞𝙙 𝙛𝙞𝙧𝙚 𝙦𝙪𝙚𝙨𝙩𝙞𝙤𝙣𝙨 🔥

➡️ Get the Full Story (including an infographic and full transcript)

Hosted on Ausha. See ausha.co/privacy-policy for more information.

About (don't) Waste Water! | Water Tech to Solve the World

❓ Ever wondered how the #WaterIndustry was reacting to our World's Water Challenges? Water Scarcity? #SDG6? PFAS? Climate Change? Circular Economy? Digitization and Smart Water?

💪 Get the Water Market pulse for free. In one hour per week, while you do the dishes!

📈 We talk water investment, water tech, water entrepreneurship and water market with entrepreneurs, thought leaders, book authors, scientists, investment funds, VCs, and C-Level experts from water majors.

➡️ Leverage their insights, advice & experience and ensure to stay on top of best practices

🗓️ Tune in every Wednesday (don't miss out! 😅)

🌐 Find all the detailed episode notes, interviews, infographics, and more at http://dww.show

Currently in its 10th Season, the "(don't) Waste Water" podcast has already welcomed around 250 guests from Water Majors (SUEZ, Veolia, Jacobs, Xylem, Kemira, Evoqua, Aquatech, SKion Water...), Scale-Ups (Cambrian Innovation, Epic Cleantec, Gradiant, Liqtech, 374Water, Gingko Bioworks...), Start-Ups (Puraffinity, KETOS, 120Water, ZwitterCo, Membrion, Source...), Universities (Berkeley, the Columbia Water Center), Investment Funds (Sciens Water, Mazarine, Burnt Island Ventures...), Business Accelerators (Imagine H2O, Elemental...), Book Authors (Seth Siegel, David Sedlak, David Lloyd Owen...) or Market Intelligence Companies (BlueTech Research, Global Water Intelligence, World Bank, OECD, Isle Utilities...). Or simply water legends like Gary White, Mina Guli or Andrew Benedek!

On the "(don't) Waste Water" podcast, I strive to make the Water Industry easy to understand for everyone, starting with water professionals, executives, and investors. Hence, he opens the microphone to seasoned, inspirational water experts to discuss their field of excellence.

No one can claim an all-around in-depth understanding of a matter as complex as Water. But piece by piece, you can rebuild the puzzle. With curiosity, patience, and passion, Antoine Walter explores topics such as Advanced Treatment Technologies, Water-Energy Nexus (Hydrogen, Lithium...), PFAS removal, Nature-Based Solutions, Wastewater Reuse, Distributed Water Treatments, Water Finance, and Water Entrepreneurship.

I actually firmly believe that regular listeners of the "(don't) Waste Water" podcast may, in the end, claim a "Water MBA!"

A particular field of interest is how innovation forms, grows and gets widely adopted in a complex and conservative field like the Water Industry. This may be one of the keys to achieving the United Nations Sustainable Development Goal n°6 - #SDG6.

Oh, and in short, about me: I'm a water engineer turned avid student of the water business, market, finance, and tech. I'm married, a happy father of three, and I'm French (nobody's perfect 😅).