Investing in Water Security: How to Benefit from California's Water Crisis

💎 Investing in Water Security: How to Benefit from California's Water Crisis || Wolf of Mainstreet ⭐

Get ready to be shocked with the truth about California's water crisis! Many people believe that California is running out of water, but the reality is much different. California is running out of CHEAP water, and that is a huge difference. In the early 1900s, California's Water Deputy, William Mulholland, went to great lengths to secure water rights for the city of Los Angeles, including purchasing water rights in the Owens Valley. However, this move was challenged both peacefully in court and violently when Owens Valley residents used 500 pounds of dynamite to blow up Mulholland’s water pipeline to LA. This history also includes a forgotten death toll. Mulholland built the St. Francis Dam on weak foundation, with architects more concerned about increasing California's water supply than safety concerns. When the dam broke in 1928, 12 billion gallons of water swept away everything in its path, including an official death toll of 385 people.

But there may be a solution that is closer than you think. California has a whole ocean on its coast with enough water for the whole country. Of course, you would have to desalinate the water before drinking it. Desalination is the path that California politicians are taking to address the state's water crisis. Governor Newsom has released a detailed plan called “California’s Water Supply Strategy” that directs local city governments and state agencies to address California's water supply with a new “water resilience portfolio.” The plan includes a modestly aggressive plan to expand desalination in California. It directs the Department of Water and Resources, the State Water Board, and a state representative for the U.S. Department of Energy to research, invest, and find potential sites for desalination.

Despite its cost, policymakers are betting that desalination will be part of California’s future water plans. All of California's stakeholders and intelligence agree that the state needs to prepare for an unprecedented change in our climate. Even the E.U. has gone as far as to say that desalination can be a “sustainable way to replenish our water cycle.” While everyone agrees that desalination cannot fix everything, almost all of our decision-makers are leaning towards desalination as the solution.

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⏲️CHAPTERS⏲️
00:00 Introduction to California water wars
01:04 Is desalination the solution to the water crisis?
04:34 You can benefit from water insecurity - here's how

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🔎 HASHTAGS 🔎
#drought #desalination #california

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