Index Investing News
Saturday, June 6, 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

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...

Mamdani Mendacity – Balanced Budgets and  World Cup Tickets

Mamdani Mendacity – Balanced Budgets and $50 World Cup Tickets

by Index Investing News
May 23, 2026
0

In the famous Tennessee Williams play, Cat on a Hot Tin Roof, Big Daddy says: "There ain't nothin' more powerful...

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

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

Costco (COST) bets on sturdy buyer loyalty to beat COVID blues

Costco (COST) bets on sturdy buyer loyalty to beat COVID blues

March 8, 2022
Hedara Value hints Reversal Inside Channel Sample

Hedara Value hints Reversal Inside Channel Sample

August 12, 2022
Bitcoin worth motion decouples from inventory markets, however not in a great way

Bitcoin worth motion decouples from inventory markets, however not in a great way

May 28, 2022
The tradition wars, dwelling and overseas

The tradition wars, dwelling and overseas

May 21, 2022
Destined for the dump, construction waste gets new life in the garden

Destined for the dump, construction waste gets new life in the garden

December 5, 2022
Billie Eilish, Snoop Dogg, Dr. Dre, The Crimson Scorching Chili Peppers, H.E.R., & Tom Cruise Excite Followers For 2028 LA Olympics With Epic Closing Ceremony!

Billie Eilish, Snoop Dogg, Dr. Dre, The Crimson Scorching Chili Peppers, H.E.R., & Tom Cruise Excite Followers For 2028 LA Olympics With Epic Closing Ceremony!

August 12, 2024
Quitting Corporate to Build a 23-Unit Post-Pandemic Rental Portfolio

Quitting Corporate to Build a 23-Unit Post-Pandemic Rental Portfolio

October 22, 2022
Nashville Estate Loved By Country Music Celebrities Is Up For Absolute Auction

Nashville Estate Loved By Country Music Celebrities Is Up For Absolute Auction

February 2, 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