Flood Irrigation

Chris Corbin argues that flood irrigation isn’t the bogeyman it’s frequently made out to be. Some footnotes Chris and I came up in a twitter conversation: Ward and Pulido-Velazquez, PNAS, Water conservation in irrigation can increase water use Huffaker, WRR, Conservation potential of agricultural water conservation subsidies Pfeiffer and Lin, The Effect of Irrigation Technology on Groundwater Use This …

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Sooner Or Later, Malthus Will Be Right

From Buttonwood: Were Chinese oil consumption to reach US per capita levels, its demand would rise ninefold, while Indian consumption would have to go up 23-fold. That would push global oil demand up to 260 million barrels per day, compared with just under 90m barrels a day at present. Clearly, that’s not going to happen. …

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Markets in Everything*: Beatification

Barro and McCleary get to the bottom of one of the central questions in 21st-century economics – beatification: We classify these blessed persons regionally in accordance with residence at death. These data are combined with time-series estimates of regional populations of Catholics, broadly-defined Protestants, Orthodox, and Evangelicals (mostly a sub-set of Protestants). Regression estimates indicate …

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Connecting some dots

A couple of (possibly connected?) things that crossed my desk this morning – According to the latest data from the San Francisco Fed, Las Vegas (Nev.) has huge foreclosure numbers. And then this good news, from Henry Brean at the Las Vegas Review Journal: [W]ater use continues to decline in the valley, where the water authority …

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The Jevons Paradox and Christmas Lights

I noticed yesterday evening a significant number of homes with outdoor Christmas lights still up and shining, far more than I remember in past years by mid-January. (No data here, just a hunch.) They looked like the new high-efficiency LED lights, which seems to be the Jevons paradox in action. The core of the paradox …

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River Beat: The Investment Perspective

Investors need to take long term water supply risks into account as they think about municipal bonds, according to a new analysis by the environmental-investor group Ceres published this week: The report shows that some of the nation’s largest public utilities may face moderate to severe water supply shortfalls in the coming years, yet these …

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