Index Investing News
Saturday, June 13, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

New Mexico, Texas and Colorado propose settlement over Rio Grande river

by Index Investing News
October 26, 2022
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter

New Mexico, Texas and Colorado have negotiated a proposed settlement that they say will end a yearslong battle over management of one of the longest rivers in North America, but the federal government and two irrigation districts that depend on the Rio Grande are objecting.

New Mexico Attorney General Hector Balderas on Tuesday announced that the states had brokered a deal following months of negotiations. While the terms remain confidential, his office called it “a comprehensive resolution of all the claims in the case.”

“Extreme drought and erratic climate events necessitate that states must work together to protect the Rio Grande, which is the lifeblood of our New Mexico farmers and communities,” Balderas said in a statement. “And I’m very disappointed that the U.S. is exerting federal overreach and standing in the way of the states’ historic water agreement.”

Attorneys with the U.S. Department of Justice and irrigation districts that serve farmers downstream of Elephant Butte reservoir argued that the proposal would not be a workable solution. The river is managed through a system of federal dams and canals under provisions of a water-sharing agreement that also involves Mexico.

The case has been pending before the U.S. Supreme Court for nearly a decade. Texas has argued that groundwater pumping in southern New Mexico has reduced river flows, limiting how much water makes it across the border. New Mexico argues that it has been shorted on its share of the river.

New Mexico and the other states plan in the coming weeks to submit their motion to move the proposed settlement forward, opening the door for federal officials and the irrigation districts to respond.

Another hearing has been scheduled for January.

The battle over the Rio Grande has become a multimillion-dollar case in a region where water supplies are dwindling due to increased demand along with drought and warmer temperatures brought on by climate change.

So far, New Mexico has spent roughly $21 million on lawyers and scientists over the last nine years.

Last fall, the special master overseeing the case presided over the first phase of trial, which included testimony from farmers, hydrologists, irrigation managers and others. More technical testimony was expected to be part of the next phase, which has now been put off.

Earlier this year, some of the river’s stretches in New Mexico marked record low flows, resulting in some farmers voluntarily fallowing fields to help the state meet downstream water-sharing obligations.

In the Elephant Butte Irrigation District, officials recently warned farmers that they can likely expect another late start to the irrigation season in 2023 and that allotments will be low again since the system depends less on summer rains and more on spring runoff from snowmelt in southern Colorado and northern New Mexico.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.



Source link

Tags: ColoradoGrandeMexicoproposeRioRiversettlementTexas
ShareTweetShareShare
Previous Post

How to buy a home in a cooling market, according to top-ranked advisors

Next Post

The Time James Cameron Blew Up a Real Bridge for ‘True Lies’

Related Posts

Hotel approved for Ben Gurion Airport

Hotel approved for Ben Gurion Airport

by Index Investing News
June 12, 2026
0

The eight-floor hotel will be constructed on top of a new hold baggage screening building next to Terminal 3. ...

Moët Hennessy eyes bigger whisky play in India; launches Glenmorangie The Lasanta 15 Years Old

Moët Hennessy eyes bigger whisky play in India; launches Glenmorangie The Lasanta 15 Years Old

by Index Investing News
June 8, 2026
0

Highland single malt Scotch whisky brand Glenmorangie has launched The Lasanta 15 Years Old in India, completing its evolved age-led...

Blue Origin’s explosion just made SpaceX even harder to catch

Blue Origin’s explosion just made SpaceX even harder to catch

by Index Investing News
June 4, 2026
0

Every company that runs away with a market eventually needs one thing it can never admit to wanting: a real...

Rescuers say a blast at a building storing explosives in Myanmar has killed more than 45 people

Rescuers say a blast at a building storing explosives in Myanmar has killed more than 45 people

by Index Investing News
May 31, 2026
0

BANGKOK: A blast on Sunday at a building in northeastern Myanmar said to have been storing explosives for mining has...

Ex-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’

Ex-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’

by Index Investing News
May 27, 2026
0

Hilary Duff was catapulted into stardom as the lead of Disney Channel’s Lizzie McGuire when she was just 13, and...

Next Post
The Time James Cameron Blew Up a Real Bridge for ‘True Lies’

The Time James Cameron Blew Up a Real Bridge for 'True Lies'

L.A. Times still salty over Dodgers’ playoff exit

L.A. Times still salty over Dodgers’ playoff exit

RECOMMENDED

Former President Jiang Zemin, who guided China’s rise, dies

Former President Jiang Zemin, who guided China’s rise, dies

November 30, 2022
Lazard Worldwide Fairness Benefit Portfolio Q3 2024 Commentary (Mutual Fund:RIADX)

Lazard Worldwide Fairness Benefit Portfolio Q3 2024 Commentary (Mutual Fund:RIADX)

December 20, 2024
Zelenskyy to handle Congress; analyzing Russia’s navy struggles

Zelenskyy to handle Congress; analyzing Russia’s navy struggles

March 15, 2022
Six Nations 2025: Maro Itoje hits again at England assault critics and expects ‘step ahead’ in opposition to Italy | Rugby Union Information

Six Nations 2025: Maro Itoje hits again at England assault critics and expects ‘step ahead’ in opposition to Italy | Rugby Union Information

March 7, 2025
Wall Street Week Ahead for the trading week beginning December 19th, 2022 : stocks

Wall Street Week Ahead for the trading week beginning December 19th, 2022 : stocks

December 17, 2022
Tracey Crouch urges Government to act on fan-led review recommendations

Tracey Crouch urges Government to act on fan-led review recommendations

November 15, 2022
‘I rescued over 1000 trafficking victims’ — World Points

‘I rescued over 1000 trafficking victims’ — World Points

May 14, 2022
Stars Arena secures funding to plug M shortfall following exploit, will reopen after security audit

Stars Arena secures funding to plug $3M shortfall following exploit, will reopen after security audit

October 8, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In