Storing up water supplies for a sunny day
- From: Vol 11, Issue 8 (August 2010)
- Category: General
- Region: Asia
- Country: Australia
A new initiative in Australia could provide farmers with increased water security, even in dry years.
Water rights investors have always been subject to the same climatic variations as the farmers who buy wet water allocations from them. Now, US-based Summit Global Management, which has a portfolio of US and Australian water rights, is looking to smooth out the effects of variable rainfall patterns by storing some of the excess water it is allocated in wet ...
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