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Last modified
11/23/2009 12:58:00 PM
Creation date
10/4/2006 10:31:45 PM
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Template:
Floodplain Documents
County
Statewide
Community
State of Colorado
Stream Name
All
Title
Institutional Roles and Water Marketing in Colorado and Western States
Date
9/26/1994
Prepared For
World Bank Group
Prepared By
Gergory Hobbs
Floodplain - Doc Type
Educational/Technical/Reference Information
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<br />Security resides in the ability to identify and gain protection <br /> <br /> <br />for the right of use. Stability assures that the right of use <br /> <br /> <br />will continue to be recognized. And flexibility allows the right <br /> <br />of use to be transferred to another's use. <br /> <br />Whether water markets can be viable in the United States or <br /> <br />other nations depends directly on governmental policies which <br />foster the transferability of rights between potential buyers and <br />sellers and protect the vested rights of existing users and the <br />new users. policies which tie the water right to certain lands, <br />or forbid removal of water from natural streams and lakes for <br /> <br />consumptive use, impair or destroy water markets. <br /> <br />In the late 19th century, as to waters of the western <br />United States, John Wesley Powell urged restricting the use of <br /> <br />water to land, in order to prevent monopolization of the resource <br /> <br />by corporate interests and to promote crop production by western <br />settlers under the homestead system.u In order to foster <br />flexibility to meet the needs of a changing economy, however, <br />western states like Colorado early authorized the transfer of <br />perfected water rights" through private water markets (normally <br />from agricultural to municipal or industrial use), subject to <br />conditions which protect all other water rights, including <br />juniors, from injury by the change. Appendices C and D, <br /> <br />U John Wesley Powell, Lands of the Arid Regions of the United <br />States (1879), reprinted by the Harvard Common Press (1983), at 29. <br /> <br />14 See, ~ Strickler v. Colorado SDrinas, 16 Colo. 61, 68, 26 <br />p. 313 (1891). <br /> <br />6 <br />
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