Water Resource Policy & Economics
Throughout much of the western U.S., the laws, regulations, and policies that govern the use and development of water are evolving rapidly. This changing environment frames both the opportunities and the risks that will drive future water resource decisions. Projects requiring long lead times and high capital investments must not only conform to existing water laws and regulations, but they must also be flexible enough to adjust to future policy and regulatory changes. Such projects include power plants and mines as well as infrastructure for producing, conveying, and treating water. If investment decisions are based on faulty assumptions about future water policy, infrastructure may become obsolete prematurely or require costly retrofitting. Those entities, both private and public, that anticipate these changes will outperform their peers.
M&A’s expert team, under the leadership of Mark Myers and Juliet McKenna, provides a variety of services related to water resource policy and economics. We help our clients…
- Assess the constraints dictated by water resource policy, as well as emerging opportunities and trends.
- Understand the economic and planning implications of existing or anticipated water resource policies, regulations, and/or laws.
- Balance mitigation risks and costs associated with future investments.
- Integrate policy and economic analyses with hydrogeologic and engineering studies into comprehensive planning that results in systems that not only minimize waste but also optimize water use and water quality.
To learn more about how Montgomery & Associates can meet your water resource policy and economics needs, please contact us.
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