In Common cover image

096: Institutional diversity and the evolution of water markets with Dustin Garrick

In Common

00:00

Sustainable Diversion Limits - The Cap and Trade System

Andi spent a year there on a fellowship to basically learn how they had done all these excellent things. He arrived in the tail end of what was called the millennium drought, so one of the most severe and sustained dry periods on the observed record. And when i arrived, within a month there were demonstration s of irrigators burning the plan and the first stages of major political back lash. I found that this was a really important example of taking the political economy and the distributional conflicts seriously associated with these markets.

Play episode from 20:05
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app