Abstract

http://ssrn.com/abstract=1097594
 
 

Citations (1)



 
 

Footnotes (181)



 


 



Water Marketing as an Adaptive Response to the Threat of Climate Change


Jonathan H. Adler


Case Western Reserve University School of Law; PERC - Property and Environment Research Center

August 1, 2008

Hamline Law Review, Vol. 31, p. 730, 2008
Case Legal Studies Research Paper No. 08-08

Abstract:     
Demographic changes and existing water use patterns have placed tremendous pressures upon water supplies, particularly in the West. Global climate change will exacerbate pressures on water resources. The gradual warming of the atmosphere is certain to change the distribution and availability of water supplies, with potentially severe consequences for freshwater supplies. While climate change will have a significant impact on water resources through changes in the timing and volume of precipitation, altered evaporation rates, and the like, the precise nature, magnitude, timing, and distribution of such climate-induced changes are unknown. This uncertainty complicates the task of water managers who are already faced with escalating demands. This article argues that climate change, and its projected effects on water use and supply, calls for a fundamental reexamination of water institutions. In particular, this article suggests that market-based institutions are well suited to address the additional pressures on water supplies due to climate change. Many aspects of water markets, including their flexibility, decentralized nature, and ability to create and harness economic incentives, make them particularly well suited to address the uncertain water forecast. A gradual shift toward water marketing and market pricing will improve the management of water supplies, ensure more efficient allocation of available water supplies and encourage cost-effective conservation measures.

Number of Pages in PDF File: 26

Keywords: Water marketing, climate change, water resources, water use, water rights, adaptation to climate change, warming adaptation

JEL Classification: K30, K32, Q25, Q28

Accepted Paper Series





Download This Paper

Date posted: February 26, 2008 ; Last revised: May 2, 2014

Suggested Citation

Adler, Jonathan H., Water Marketing as an Adaptive Response to the Threat of Climate Change (August 1, 2008). Hamline Law Review, Vol. 31, p. 730, 2008; Case Legal Studies Research Paper No. 08-08. Available at SSRN: http://ssrn.com/abstract=1097594

Contact Information

Jonathan H. Adler (Contact Author)
Case Western Reserve University School of Law ( email )
11075 East Boulevard
Cleveland, OH 44106-7148
United States
216-368-2535 (Phone)
216-368-2086 (Fax)
HOME PAGE: http://www.jhadler.net
PERC - Property and Environment Research Center
2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

Feedback to SSRN


Paper statistics
Abstract Views: 2,951
Downloads: 425
Download Rank: 39,006
Citations:  1
Footnotes:  181
People who downloaded this paper also downloaded:
1. Managerial Inefficiency and the British Climacteric, 1860-1914
By Daniel Shiman

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo5 in 0.282 seconds