The purpose of the water marketing program is to develop adequate water supply storage to meet, as nearly as practicable, present and anticipated municipal and industrial water needs through the purchase of water supply storage in federal reservoirs which is then sold to water supply users, in the best interests of the state.

Unified by their desire to produce innovative solutions to the problem of allocating fresh water, the prominent contributors to Water Marketing argue that government regulations inadvertently encourage the waste of our most vital resource by preventing the evolution of property rights to water marketing. This volume offers insightful public policy alternatives to water marketing that will stimulate a rethinking of traditional policies.