Arizona recently announced new constraints on housing development in the areas around Phoenix. At issue is water scarcity, which has always been a challenge for the US Southwest. Now, as a 25-year "megadrought" is worsened by the climate crisis and booming growth, difficult choices must be made. How do water rights get divided? Who has priority? How much is water worth to housing developers, farmers and even the semiconductor manufacturers that have flocked to the state? On this episode of Odd Lots, we speak with Kathryn Sorensen, director of research at the Kyl Center for Water Policy at Arizona State University. We discuss the current and past water practices in the state, and the difficult road ahead.
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Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.
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