• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Iranian Parliament Speaker Ghalibaf: Irans defense and deterrence capabilities remain intact.On June 10, Zheng Shanjie, Director of the National Development and Reform Commission (NDRC), chaired a symposium with experts on the economic situation. Zheng stated that the NDRC will earnestly implement the decisions and plans of the CPC Central Committee and the State Council, making full use of macroeconomic policies and leveraging the integrated effects of existing and new policies; strengthening the planning and construction of water networks, new power grids, computing power networks, next-generation communication networks, urban underground pipe networks, and logistics networks; promoting a close integration of investment in things and investment in people; effectively implementing the trade-in policy for consumer goods; accelerating the construction of a modern industrial system; comprehensively implementing the "Artificial Intelligence+" action; continuously strengthening reform and innovation; deepening the construction of a unified national market; thoroughly rectifying "involutionary" competition; improving the level of energy and resource security; implementing a comprehensive conservation strategy; effectively safeguarding the basic needs of the people; and making every effort to promote employment for key groups. At the same time, the NDRC will expedite the research and development of a batch of targeted and practical policy tools, and promptly introduce and implement them as needed, continuously consolidating the foundation for sustained and stable economic growth.British Prime Minister Starmer: Plans to announce defense spending ahead of NATO meeting.European stock indices extended their losses, with Germanys DAX 30, Spains IBEX 35, and Frances CAC 40 all falling by more than 1%, Italys FTSE MIB down 0.65%, and the UKs FTSE 100 down 0.77%.On June 10th, during the Roundtable Conference on High-Quality Development of Chinas Motorcycle Industry, Zhang Xue, Chairman of Zhang Xue Motorcycle Co., Ltd., spoke with the media. When asked if Zhang Xue Motorcycle had any plans to enter the capital market, Zhang Xue replied, "Let nature take its course." According to media reports, Zhang Xue Motorcycle has received two rounds of investment. In July 2024, Shanghai Gaoxin Lingzhi Venture Capital Partnership (Limited Partnership), a fund under Gaoxin Capital, invested 20 million yuan, holding approximately 9.17% of the shares; in January 2026, Zhejiang Provincial State-owned Capital Operation Co., Ltd.s Zhejiang Venture Capital completed its Series A investment in Zhang Xue Motorcycle through two funds, with a total investment of 90 million yuan, increasing the valuation to 1.09 billion yuan.

U.S. States Battle to Share Diminishing Colorado River Water Supplies

Skylar Williams

Feb 03, 2023 11:45

微信截图_20230203113922.png


The Colorado River, which supplies 40 million people in seven U.S. states with potable water, is drying up, straining a water distribution treaty in the midst of the greatest drought in 1200 years, which is compounded by climate change.


California left the six states of Arizona, Colorado, Nevada, New Mexico, Utah, and Wyoming on Tuesday in response to a U.S. government deadline requiring them to negotiate their own supply cuts or face the possibility of federally mandated reductions.


Kevin Moran, a specialist in water policy at the Environmental Defense Fund, described today's events as a step forward.


"After twenty years of drought and the effects of climate change, six of the seven basin states are playing catch-up to minimize water use from the Colorado River," Moran told Reuters.


When the states signed its pact a century ago, the river was expected to produce 20 million acre-feet of water annually. An acre-foot (1,233 cubic meters) of water is sufficient to supply two urban households with water for one year.


The real flow has decreased to an average of 12.5 million acre-feet over the past two decades, leaving state water managers with more rights on paper than actual availability.


California receives the greatest allocation, of which 80 percent is utilized by its $50 billion agriculture sector.


Many experts believe that the state's choice to opt out of the deal increases the likelihood that the water dispute will reach the nation's top courts.


David Hayes, a lecturer at Stanford University Law School, stated, "We have a scenario where certain water rights holders in California say, 'We're not willing to give up additional water, and we believe we have legal rights and are willing to go to court if necessary.'"


"And there is insufficient time to fight these issues," Hayes, a former senior climate adviser to President Joe Biden, warned.


He identified the need for significant conservation efforts to safeguard reservoirs from overuse and drought exacerbated by climate change, a condition that, if left uncontrolled, might threaten water supply to Las Vegas or California from the Hoover Dam.


Although California was deluged for weeks beginning in late December by seven atmospheric rivers that dumped up to 30 inches (76 centimeters) of rain in some regions, the Colorado River basin received little of this precipitation.


California cannot resolve its long-term crisis without substantial investments to capture more storm water, repair flood plains, and recycle wastewater, despite forecasts of more such atmospheric rivers of increasing magnitude and frequency.


In at least 1,200 years, 2000-2021 was the driest 22-year period for southwestern North America, according to a paper published in Nature in 2017.


Sharon Megdal, director of the Water Resources Research Center at the University of Arizona, stated, "Something will have to give."


As temperatures rise, mountain snows melt more rapidly in the spring, and the state lacks the storage capacity to accommodate the runoff.


She noted that a letter signed by the six states demonstrated that they all acknowledged the need for a change in operating protocols for the Colorado River and its supplies.


"I believe that people would like to believe that we can find a way to keep these economic activities, our type of businesses, and our livelihoods going," Megdal added.