As of December 7, 2020, water has been included as a traded commodity on the Chicago Mercantile Exchange (“the Merc”). According to a recent Chicago magazine article, “Now cities and farmers can buy futures in California’s water, meaning they can hedge against (or bet on) rising water prices out west, based on the Nasdaq Veles California Water Index [ticker symbol: NQH2O], which tracks the current market price of the five largest water supplies in the state…So far, only the Golden State’s water supply is being traded; it’s sort of a test run.”
Some see this move at the ...
Following up on our December 2020 post regarding the SolarWinds cybersecurity breach, we wanted to provide a link to the February 11, 2021 joint Cybersecurity Advisory issued by the federal government. The Advisory—jointly authored by the FBI, U.S. Environmental Protection Agency, U.S. Cybersecurity & Infrastructure Agency and the Multi-State Information & Analysis Center, part of the nonprofit Center for Internet Security—comes on the heels of a cyberattack on the Oldsmar, Florida water treatment plant. On February 5th, a hacker gained access to the plant and increased ...
Congratulations to Water Law Group Associate Willis Hon who completed the Water Education Foundation’s Water Leaders program at the end of 2020. Members of the 2020 Water Leaders class examined how to adapt water management to climate change. Read their policy recommendations in the class report, Adapting California Water Management to Climate Change: Charting a Path Forward, to learn more.
The William R. Gianelli Water Leaders Class is California’s premiere water leadership program aimed at early to mid-career, up-and-coming community leaders from diverse backgrounds ...
California Water Views provides timely and insightful updates on the water sector in the state. We relay information on how water legislation and policy from the nation’s capital, Sacramento, and around the U.S. affect California’s water utilities, agencies, practitioners, and consumers. We also write about important events, conferences, legal cases, and other key happenings involving all things water in and around California.
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