EPIC Executive Director Sam Ori Makes The Case For Water Markets

Energy Policy Institute at the University of Chicago (EPIC) Executive Director Sam Ori, MPP '03, published an article in The Wall Street Journal arguing there is an increasing need for farmers and other land owners to establish a free market for water as the resource becomes more scarce in many regions due to climate change.  

"Ultimately, we may also need to face some hard truths. Irrigation is important, but expensive. Well-functioning water markets may very well signal to farmers that more water isn’t a long-term solution. They may need to switch to a different crop, or not grow any at all. Irrigation might not be the solution to every farmer’s problems, and markets can help them face that reality."

Read more in The Wall Street Journal.