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Retirely in The things you own end up owning you,

Forbes wants the California water market to free float, just like with the hugely successful deregulated electricity market in the early 2000s

“The 25 percent cut in water consumption ordered by Gov. Jerry Brown raises fundamental questions about what life in California will be like in the years ahead, and even whether this state faces the prospect of people leaving for wetter climates — assuming, as Mr. Brown and other state leaders do, that this marks a permanent change in the climate, rather than a particularly severe cyclical drought.”

“The governor’s executive order mandates a 25 percent overall reduction in water use throughout the state, to be achieved with varying requirements in different cities and villages. The 400 local water supply agencies will determine how to achieve that goal; much of it is expected to be done by imposing new restrictions on lawn watering. The 25 percent reduction does not apply to farms, which consume the great bulk of this state’s water.”

“State officials signaled on Friday that reductions in water supplies for farmers were likely to be announced in the coming weeks, and there is also likely to be increased pressure on the farms to move away from certain water-intensive crops — like almonds.”