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Golden's appropriation in favor of an unknown future appropriator would be contrary to <br />established law. <br />What is more, such a decision would couple the anti - speculation doctrine for the first <br />time with a public interest test, something heretofore not part of Colorado water law. See, supra, <br />part I.C. As a practical matter, this Court's adoption of the State's position would favor one use <br />(even an unknown future use) over another (due only to its non- consumptive, in- channel nature). <br />Since this Court found and the legislature has affirmed that recreational in- channel diversions are <br />a beneficial use, this result would be counter to existing law and without precedent. <br />3. Instream and non - consumptive uses are an important part of Colorado's <br />beneficial use of its scarce water resource. <br />The importance of non - consumptive and in- channel uses to the State of Colorado cannot <br />be underestimated. Most Colorado rivers are over - appropriated. Empire Lodge, 39 P. 3d at <br />1149 -50. So, today, the appropriation of water for non - consumptive use may be one of the few <br />ways for new appropriators to add to the panoply of water use in the state without stopping <br />another existing use. Moreover, water in rivers — whether appropriated for recreational in- <br />channel use, a fish ladder, an instream flow to protect the environment to a reasonable degree or <br />a release for fish and recreational purposes— contribute substantially to Colorado's tourist -based <br />economy. Fishing generates $1.3 billion dollars annually to the state economic base, while <br />rafting adds $123 million. American Sportfishing Association, "1996 Sport Fishing Participation <br />and Economic Impact for Colorado," <br />http : / /www.asafishing.org/content/ statistics / economic /index.cfm ?state -= Colorado (attached <br />hereto as Appendix F); Colorado River Outfitters Association, "Economic Impact of Commercial <br />River Rafting in Colorado, 1988 - 2000" (2001), <br />13 <br />