The Colorado River Is in Crisis. The Walton Family Is Pushing a Solution.

[mahatmakanejeeves]

The Colorado River is in crisis. One rich family says it has the solution.

Link to tweet

FINANCE

The Colorado River Is in Crisis. The Walton Family Is Pushing a Solution.

Walmart heirs have spent heavily to promote their view that water markets are the best way to deal with a dwindling supply

By Scott Patterson
https://twitter.com/pattersonscott
[e-mail]
Updated Oct. 2, 2021 7:32 pm ET

The first-ever official shortage on the Colorado River has intensified a debate over how to provide water for 40 million people across the Southwest and irrigate fields of thirsty crops like wheat, cotton and alfalfa.

Few voices outside government are more influential than that of the Walton family, billionaire heirs to the Walmart Inc. fortune, who have long advocated water markets as a key part to solving the region’s woes. But some environmental groups say the Waltons drown out other, nonmarket approaches.

TO READ THE FULL STORY
SUBSCRIBE
SIGN IN

[Casady1]

1. Inherited money dimwits

always start with the magic of the marketplace approach. People who would have not accomplished a single thing if they started out like the rest of us.

[jimfields33]

2. I never understood why others don't step up and do something

Waltons are bad so instead have someone else do something. Just find a solution. Waiting makes it even harder to solve.

[hatrack]

3. Of course!! Privatize!! That fixes everything!!

[hunter]

4. Let there be water!