Economic valuation of groundwater in Texas

Groundwater is a strategic economic asset, and recent Texas Supreme Court decisions have strengthened private ownership rights in groundwater.

Despite the economic and political stakes, debate on how to actually value groundwater has been sparse. In response, this article sets forth seven methods of economically valuing groundwater in Texas and uses case studies and hypotheticals informed by real data to assess the valuation techniques’ strengths and weaknesses under a range of conditions… Read more from the Texas Water Journal