Company wants to tap Mojave's public lands for Southland water [View all]

[ellisonz]

Cadiz Inc. could realize $1 billion to $2 billion in revenue over the plan's 50-year life. Opponents say public resources are being used for private profit.
By Bettina Boxall, Los Angeles Times

May 15, 2012, 7:25 p.m.
CADIZ, Calif. – Three decades ago a group of businessmen pored over NASA satellite imagery as part of a worldwide hunt for large groundwater reserves they could tap to grow desert crops. They found the signs they were looking for here in the sun-blasted mountain ranges and creosote-freckled valleys of the Mojave Desert, 200 miles east of Los Angeles.

The group, which founded Cadiz Inc., bought old railroad land, drilled wells and planted neat grids of citrus trees and grapevines, irrigating them with water that bubbled out of the desert depths at the rate of 2,000 gallons a minute.

But by the mid-1990s, Cadiz had a new business plan: Sell water, not lemons.

The company is pushing ahead with a proposal to pump enough groundwater every year to supply 100,000 homes and sell it to urban Southern California at prices that could, over the project's 50-year life, reap $1 billion to $2 billion in revenue.

More: http://www.latimes.com/news/local/la-me-water-cadiz-20120516,0,391990.story

This project will drain the Mojave desert producing extreme dry conditions that will result in dust bowls.

Diane Feinstein's letter: http://www.feinstein.senate.gov/public/index.cfm/press-releases?ID=910cd240-f5af-e0bd-c7b0-956dad4200e0