In America's arid southwest, climate change will occur in the context of already-keen competition for water for agriculture, urban growth, electricity generation, water-based recreation, and environmental protections. This book provides useful lessons for some of the region's most pressing resource management problems.

In America 's arid southwest, climate change will occur in the context of already-keen competition for water for agriculture, urban growth, electricity generation, water-based recreation, and environmental protections. This book explores the challenges that climate change and variability pose for water and energy managers and users, communities, and policy makers in the arid Southwest and demonstrates the application of economic methods to address these challenges. It provides valuable tools for both those interested in resource management and climate change, and those seeking to understand how economic methods can be used to analyze contemporary social problems and craft appropriate responses. The book considers both adaptation to long-term climate change and more immediate issues of water and electricity management in the face of inter-annual climate variability and drought. Thus, no matter what one 's perspective on long-run climate change projections, the book provides useful lessons for some of the region 's most pressing resource management problems.

These findings and recommendations will be useful to federal, state, and regional policy makers who set the legal and regulatory framework for the more effective use of climate information and functioning of efficient water markets. From the Foreword by Chuck Howe, Professor Emeritus of Economics, University of Colorado at Boulder Clear and readable...will be of interest to scholars and policy professionals. Robert A. Young, Professor Emeritus, Department of Agricultural and Resource Economics, Colorado State University I welcome this book and will use it in my own teaching and research. It brings together a body of research that shares the energy-climate-water nexus... David Letson, Chair of Division of Marine Affairs and Professor of Marine Affairs and Economics, University of Miami