Just say ‘no’ to Cadiz stock tease

Cadiz, Inc today announced that it has optioned use of a derelict gas line to ship northern Californian water to the Mojave Desert for long-term storage by southern Californian cities. Personally, I’m waiting for the announcement that it will be helicoptering in melting icebergs whose freshwater might otherwise be lost to salty seas. For more than a decade, Cadiz has styled its proposal to pump from 50,000 to 80,000 acre feet of water a year from a Mojave dry valley as a “conservation” project on the grounds that in addition to pulling water it could also conceivably bank surplus water from the Colorado River. 

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