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and figure out what kind of value that added. Well, it takes <br />about 50,000 pounds of water to raise one pound of cow, <br />because a cow is a very metabolically inefficient beast. <br />Which means, in order to raise a 900-pound cow, you're <br />talking about 45 million pounds of water applied to <br />irrigated pasture or alfalfa (or as Amory Lovins says, a <br />football field about 11 feet deep in water). <br />A stream where you are taking out a consumptive use of <br />100 cfs can produce about 4,000 cows. Those 4,000 cows <br />are worth almost exactly, and this is a generous estimate, <br />what the electricity would have been worth that could have <br />been produced if you hadn't taken the water out to grow <br />the cows. So, we're talking a wash right there, but then you <br />add the other benefits of leaving the water in the river. <br />First of all, you have whitewater recreation, which on a <br />lot of rivers is worth hundreds of thousands or millions of <br />dollars. In central Colorado, I remember in the late `60s or <br />`70s, the first time I went through there, there were great <br />big billboards, and they were advertising Wayne Aspinall's <br />candidacy for Congress. And about 10 years later, when I <br />went through there again, the same billboards were <br />advertising oil-shale development. The last two or three <br />years, they've been advertising whitewater-rafting compa- <br />nies, which shows you how the politics, not to mention the <br />economics, of that region have changed. <br />Whitewater recreation, as those of you know who are in <br />it, is a very poorly paid, therefore labor-intensive business, <br />and it's environmentally benign. Now, on a lot of rivers-a <br />100 or 200 or 300 cfs is the difference between a successful <br />rafting season and one where the water is simply too low. <br />On the Yuba River in California, there is wonderful rafting <br />until about April, when suddenly virtually all the river goes <br />into the Bear River next door because of a senior water <br />right, and the flow drops from maybe 2,000 to 3,000 cfs to <br />around 15 or 20 cfs, and that's the end of the rafting <br />season. <br />Now, fishing. I saw more Orvis bags come off the <br />airplane yesterday than I've ever seen in my life, so I guess a <br />lot of you are fishermen here. Fishing, again, is an industry <br />that is worth a lot of money. Millions of dollars are spent in <br />the bars alone. Millions more are spent on the right flies <br />and tippet. Yesterday, I spent $125 in a tackle shop because <br />I went to Colorado and forgot my fly reel. So, of course, I <br />had to buy another one in order to fish for four hours on <br />the Frying Pan and get skunked. So, now I have more fly <br />reels than I know what to do with and still very little fishing <br />talent. But fishing is a business in many regions and it adds <br />to the local economy. <br />What you're also buying by leaving that water in the river <br />is endangered-species protection. Now, as Dennis can <br />attest, endangered-species protection can get very, very <br />expensive. What we're doing now in California is by- <br />passing turbines at Shasta Dam, which could be producing <br />millions and millions of dollars worth of hydroelectricity, in <br />order to get cold water into the river for the fish. What <br />they're talking about doing on the Columbia River is <br />foregoing hundreds of millions of dollars of hydroelectricity <br />in order to mimic the ancestral flows of the river when it <br />was actually a big river that flushed 15 million salmon <br />down, rather than a series of stagnant pools waiting to be <br />run through hydroelectric turbines, which is what it is <br />today. By leaving more water in the river, any river, you're <br />always giving yourself greater flexibility. So, that's another <br />potential benefit, and we have, as you know, endangered <br />species all over the West and even in the East too. <br />Municipal water supply. You know, my home state of <br />California is turning into an awful place to live. It's gone <br />from paradise to nightmare almost overnight, it seems. So a <br />lot of people are leaving. And where are they coming? <br />Mostly they are relocating to states like Utah, Colorado <br />where you have a nice stable work force, low crime rate, <br />and all of these things you miss in California, but what you <br />don't often have is a reliable water supply. So people are <br />leaving California and coming to places like Wyoming and <br />the one of the first things they ask is, "Where's my reliable <br />water supply", <br />Well, municipal water users, whether they are industrial <br />or urban, generally return about 75 percent of what they <br />take out, and in the cases of some industries, as much as 95 <br />percent, almost 100 percent. So, it's a far less consumptive <br />use of water. If you leave more water in the river, you are <br />creating downstream opportunities for companies that not <br />only use less water consumptively but employ a lot more <br />people. <br />Now, this is one of the most interesting and in a way, <br />painful, arguments for me, this whole business about jobs <br />versus jobs. The Metropolitan Water District of Southern <br />California, which you know is Los Angeles's big super <br />agency, which wants water from anywhere they can get it- <br />anywhere-is now using any argument they can conceive to <br />realize their goal of getting more water from anywhere, and <br />the latest one has been an economic argument. <br />According to the chairman of MWD, if you take 1,000 <br />acre feet of water and give it to a high-tech industry like <br />computer chips, it's worth anywhere from 12,000 to <br />16,000 jobs if that water is reliably there every year-12,000 <br />to 16,000 jobs based on a 1,000 acre feet of water. You take <br />that same 1,000 acre feet and give it to an alfalfa farm, <br />you've got eight jobs. <br />The economic activity of the high-tech industry is in the <br />tens of millions of dollars. The economic activity of the <br />alfalfa farm is in the hundreds of thousands of dollars. So <br />8