October 8, 2014--SA's Texas water exchange is first of its kind in Western Hemisphere (ABC)

"There's money to be made off water,” said Anastasia Valdes, CEO of the Texas Water Exchange. In some cases, there is a lot of money to be made off of the resource. As a result, Texans are starting to lease and sell the commodity in large quantities. "The market for water and for those who hold ownership for groundwater has never been hotter than it is right now,” said Valdes. It is from that marketplace that the Texas Water Exchange was born right here in San Antonio. It is the first of its kind in the Western Hemisphere. Only Australia, which shares similar water issues, has anything like it in the world. "We're the market makers,” said Valdes. “So, we are representing the interests of both the buyers and the sellers. Our purpose is to make the market happen." In other words, the exchange brings water sellers and water buyers, both big and small, together. With water now regulated, and permits required, there is a need for water to be moved, bought, leased, or conserved. It comes down to supply and demand. With a dwindling supply and plenty of demand, water is a valuable commodity. “Putting an exchange together is a way for, really, Mother Nature, to have a seat at the table,” said Valdes. Conservation is the other side to the exchange, because it allows owners to understand the true value of the water they have. With water gaining value, it may help to protect its future.

To view the full article visit the ABC. For a copy of the original article stop by or write the Water Information Program at 841 East Second Avenue, Durango, CO 81301 or call (970) 247-1302.