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You Can Bank on It: Utilizing private water banks to mitigate groundwater development
 

You Can Bank on It: Utilizing private water banks to mitigate groundwater development

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My presentation from the AWRA 2009 conference in Seattle, WA. Provides a summary of my vision for utilizing small private water banks to offset our growing demand for groundwater resources.

My presentation from the AWRA 2009 conference in Seattle, WA. Provides a summary of my vision for utilizing small private water banks to offset our growing demand for groundwater resources.

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    You Can Bank on It: Utilizing private water banks to mitigate groundwater development You Can Bank on It: Utilizing private water banks to mitigate groundwater development Presentation Transcript

    • you can bank on it: utilizing private water banks to mitigate ground water development.
    • we like to pump ground water
    • (Dave Nazy, DOE, WA)
    • (Dave Nazy, DOE, WA)
    • (Dave Nazy, DOE, WA)
    • (Dave Nazy, DOE, WA)
    • (Dave Nazy, DOE, WA)
    • (Dave Nazy, DOE, WA)
    • (Dave Nazy, DOE, WA)
    • (Dave Nazy, DOE, WA)
    • (Dave Nazy, DOE, WA)
    • water levels are declining in aquifers Anderson and Woosley Jr. (USGS, 2005)
    • 9 of 12 fastest growing states are located in the West. Anderson and Woosley Jr. (USGS, 2005)
    • 56% dependence on groundwater for domestic water use. Anderson and Woosley Jr. (USGS, 2005)
    •  
    • what is a water bank?
    • mechanisms that facilitate transfers and exchange of water -Department of Ecology, State of Washington
    •  
    • bigger is not always better
    •  
    • private ground water mitigation banks are good
    • what can we learn from wet land banks ?
    • we lose 60,000 acres of wetlands a year.
    • watershed
    • watershed, wetlands
    • Wetland Bank
    • Wetland Bank CREDITS
    • WETLAND BANK SERVICE AREA
    • WETLAND BANK SERVICE AREA
    • WETLAND BANK SERVICE AREA
    • WETLAND BANK CREDITS $ regulatory authority
    • Environmental Law Institute (2005) wetland banking growth
    • Environmental Law Institute (2005) wetland bank sponsors
    • how does this relate to private ground water mitigation banks ?
    • WETLAND = WATER
    • closed watershed
    • 100 AC-FT historic irrigation
    • 100 AC-FT aquifer recharge
    • 100 AC-FT aquifer recharge WATER BANK
    • 100 AC-FT WATER BANK service area
    • 100 AC-FT WATER BANK service area 10 AC-FT
    • 100 AC-FT WATER BANK service area 10 AC-FT
    • WATER BANK CREDITS/ VOLUME $ regulatory authority
    • ground water mitigation banks are good
    • good for pocket books decreased transactions costs
    • good for calendars 13 years for a change authorization
    • good for transparency encourages economic development
    • good for aquifers
    • good for land use planning
    • good for agriculture
    • good for ecosystems
    • good for people
    • chris corbin chris@ loticwater .com 406-531-9156