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<br />Water markets can mean an end to water shortages <br /> <br />Page 22 of 27 <br /> <br />reclamation program is not limited to free interest <br />on repayment of project construction costs. <br />Although most projects are operated for irrigation <br />purposes, operation and maintenance costs are <br />subsidized by other project uses, primarily <br />hydropower. Significant amounts of hydropower <br />generated by reclamation projects are dedicated to <br />pumping project water for irrigation. Hydropower is <br />provided at a very low charge, and revenues from <br />hydropower are even used to meet portions of <br />irrigators' repayment obligations (Wahl 1989, 27 <br />and 46). <br /> <br />7. Westlands is the nation's largest irrigation district. <br />It is about the same size as Rhode Island, covering <br />nearly 1,000 square miles in western Fresno and <br />King counties in California. Westlands was formed <br />in 1952 upon petition of farmers who urgently <br />needed a surface water supply to supplement the <br />area's groundwater, which was being overdrawn. <br />Westlands delivers water from the Bureau of <br />Reclamation's Central Valley Project (Westlands <br />Water District 1995). <br /> <br />8. CAP consists of dams, pumps and 336 miles of <br />concrete-lined canals designed to divert 1.5 million <br />acre-feet of Colorado River water and transport it <br />2,400 feet uphill to southeastern Arizona, near <br />Tucson. The project was begun in 1968 and <br />declared substantially complete in 1993 (Fuller <br />1996, 102). <br /> <br />References <br /> <br />Anderson, Terry L. 1995a. Sovereign Nations or <br />Reservations? An Economic History of American <br />Indians. San Francisco: Pacific Research Institute. <br /> <br />------. 1995b. Water Options for the Blue Planet. In <br />The True State of the Planet, ed. Ronald Bailey. <br />New York: Free Press, 267-94. <br /> <br />Anderson, Terry L., and Pamela S. Snyder. 1997. In <br />Pursuit of Water Markets: Priming the Invisible <br />Pump. Washington, DC: Cato Institute, <br />forthcoming. <br /> <br />Bay Area Economic Forum. 1991. Using Water <br /> <br />http://www . perc.orglpublications/policyseries/priming_ full. php ?s=2 <br /> <br />9/12/2006 <br />