Some economic effects of changing augmentation rules in Colorado's lower South Platte Basin: producer survey and regional economic impact analysis
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The purposes of this study are three-fold: first, to describe the economic benefits of affirming the property rights which occurred as a result of the change in augmentation rules; second, to examine how affected farmers responded to the change in augmentation rules; and third, to quantify some of the economic impacts to the LSP as a result of the augmentation rule changes. As water continues to be transferred from agricultural to M&I2, recreational, and environmental uses, and with drought remaining a constant threat, further reductions in irrigated agriculture are sure to occur in the future. ...