Water Is Not a Commodity

By Mike Smith Late last year, an index – much like the Dow Jones Average – was created to track the value of California water. It is called the Nasdaq Veles California Water Index. According to a spokesperson for WestWater Research, who sponsored this index, “Having this index is a great step forward for the public markets and for using … Read More

Clean, Affordable Drinking Water for All

The need for and right to clean, safe drinking water has long been known as a requirement for life. Since 2012, it has also been statutory right in California along with the additional stipulation that it be affordable. Last year, State Senator Monning submitted a bill that would charge water agencies a tax of about $.95/customer connection/month. This tax would … Read More