“This work not only demonstrates how we can combine multiple objectives to solve a problem, but also visualize the problem and learn from it. It is an innovative hybrid between engineering and policy to create highly adaptive and resilient water supply systems,” said Reed.<\/p><\/blockquote>\n
The majority of cities that purchase water buy permanent rights, meaning they buy a percentage of a reservoir. Reed explains the issue: “\u2026you do not know what the inflows are going to be so you are essentially buying a percent of a question mark.” Reed recommends that cities buy options early in the year so that if demand surges or there is a lower than expected supply the city can buy more water at the original prices rather than over-spending as cost goes up with demand.<\/p>\n
“Economic instruments such as leases and options provide a lot of flexibility to urban water planners, particularly in the western United States. They provide the ability to be resilient to droughts,” says Reed.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
Cities need water. And as they grow, so does their need for water. Unlike most other goods that can be manufactured or shipped in, you can’t make more water. Cities are facing the reality that they have to learn to efficiently use the water they have and prevent waste at all points of the process, […]<\/p>\n","protected":false},"author":16,"featured_media":4816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[16],"tags":[2854,2271,2273,2430,2440],"yst_prominent_words":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/bluelivingideas.com\/wp-content\/uploads\/2010\/01\/acqueduct.jpg","_links":{"self":[{"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/posts\/4815"}],"collection":[{"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/comments?post=4815"}],"version-history":[{"count":0,"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/posts\/4815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/media\/4816"}],"wp:attachment":[{"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/media?parent=4815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/categories?post=4815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/tags?post=4815"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/bluelivingideas.com\/wp-json\/wp\/v2\/yst_prominent_words?post=4815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}