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Financial Impact of California Drought Quantified

11/07/2022

A project team with representatives from the University of California and the Water Policy Center of the Public Policy Institute of California, estimated that climatic extremes in 2021-2022 resulted in crop losses and wildfires causing damage exceeding $3 billion. 

 

Central to the issue is the use of water that requires allocation between urban demands and agricultural needs.  The California Water Policy Center will develop economic impact assessments, will issue policy briefs and maintain a website publishing the results of studies relating to availability and the use of water in the State