Colorado River Basin
Background & Objectives
U.S. Geological Services (USGS) describes The Colorado River as “…about 1,450 miles long, with headwaters in Colorado and Wyoming, [it] eventually flows across the international border into Mexico. The drainage basin area of about 246,000 square miles includes all of Arizona, and parts of California, Colorado, New Mexico, Nevada, Utah, and Wyoming. The Colorado River is an important water resource for areas outside of the Basin, including Denver, Salt Lake City, Albuquerque, Los Angeles, and San Diego for public (municipal) supply, and the Imperial Valley in California for agricultural water supplies. The River and its tributaries provide water to the nearly 30 million people, both within and outside of the Basin and irrigates nearly 4 million acres of agricultural lands.”
The Colorado River Compact of 1922 and its subsequent agreements and court decrees regulate the use and management of the Colorado River among the seven basin states, Native American Tribes, and Mexico. Nevertheless, the legal water rights for consumptive use exceed the actual water flowing in the River and that gap is widening each year with prolonged incidents of severe climate change-induced droughts in the Basin.
Water leaders and policymakers, as well as Federal Government officials, are facing unprecedented challenges now and in coming months as a wide array of natural and human forces combine to dramatically alter the Basin’s future. The crucial issue is how to efficiently allocate extremely scarce (and growing in scarcity due to climate change) water to competing water needs (for instance, farming vs. urban and industrial) while satisfying all the Colorado River Basin stakeholders and the environment.
Our research team is proposing a Hydro-Economic Model that maximizes basin welfare subject to institutional, physical, and technical constraints as well as external shocks (climate change, commodity prices, population increase). Through this research, we expect to find out (i) climate change affects water allocation between the stakeholders, (ii) how water trading changes the allocation scheme between the stakeholders, (iii) what economic incentives are required to encourage Upper and Lower Basin states to conserve water and participate in interstate markets, and (iv) whether more efficient allocation can be implemented under the current legal arrangements or a basin-wide reform is required.
Colorado River Basin Team
Please click on the picture of each team member for their bio& contact information.