![]() Episodic droughts and floods have long been a part of the region’s history, which is why the state’s modern landscape reflects the efforts to manage both. “How does California’s drought - or on the other end of the spectrum, an overabundance of water - impact our economy, infrastructure, and real estate development? David Osias and Barry Epstein, both partners at the law firm Allen Matkins and thought leaders on water rights, land use, natural resources, and energy law, joined Jerry Nickelsburg, adjunct professor of economics at the UCLA Anderson School of Management, and Andrew Ayres, a research fellow at the Public Policy Institute of California Water Policy Center, to discuss water rights, the challenges of water distribution in California, legal issues, and possible solutions, as well as obstacles to the solutions It’s not news that California suffered from a decades-long drought, the worst in over 1,000 years, immediately followed by a once-in-a-century winter snowpack and rainfall. In California water news this weekend … California water policy: how will water - or lack thereof - impact our economy in the 21st century?
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