How One Corporation Is Cashing In on America’s Drought

This story originally appeared in the The Guardian and is part of the Climate Desk collaboration.

One of the biggest battles over Colorado River water is being staged in one of the West’s smallest rural enclaves.

Tucked into the bends of the lower Colorado River, Cibola, Arizona, is a community of about 200 people. Maybe 300, if you count the weekenders who come to boat and hunt. Dusty shrublands run into sleepy residential streets, which run into neat fields of cotton and alfalfa.

Nearly a decade ago, Greenstone Resource Partners, a private company backed by global investors, bought almost 500 acres of agricultural land here in Cibola. In a first-of-its-kind deal, the

→ Continue reading at Wired - Science

More from author

Related posts

Advertisment

Latest posts

US Grand Prix organizers promised a superstar performer. Now it’s offering to buy back tickets | CNN Business

New York CNN  —  This year’s musical performer at the Formula 1 United States Grand Prix in Austin, Texas,...

Elon Musk postpones India visit, citing Tesla obligations | CNN Business

New Delhi CNN  —  Elon Musk has postponed his planned trip to India, citing “very heavy” obligations at Tesla....

UAW says Volkswagen workers vote overwhelmingly to join union, giving it groundbreaking win | CNN Business

New York CNN  —  Hourly workers at Volkswagen’s plant in Chattanooga, Tennessee overwhelming voted to join the United Auto...