THIS IS AN ARCHIVE OF LAKE TAHOE NEWS, WHICH WAS OPERATIONAL FROM 2009-2018. IT IS FREELY AVAILABLE FOR RESEARCH. THE WEBSITE IS NO LONGER UPDATED WITH NEW ARTICLES.

Report: Drought won’t hurt Calif. economy


By Chris Megerian, Los Angeles Times

California’s drought has threatened farmers, ski resorts and golf courses, but it’s unlikely to do much damage to the state’s overall economy or budget, according to a new report.

“We currently do not expect the drought to have a significant effect,” said the report, released Tuesday by the nonpartisan Legislative Analyst’s Office, which provides budget advice to state lawmakers.

The minor impact is explained by the lopsided relationship between water use for farming and agriculture’s overall contribution to the state economy.

Farmers consume four times as much water as California’s cities and towns, and they produce a huge portion of the country’s crops.

But they contribute only 2 percent to the state’s gross domestic product, according to the seven-paragraph report.

Read the whole story

About author

This article was written by admin

Comments

Comments (1)
  1. greengrass says - Posted: April 20, 2015

    Agriculture takes water
    Skiing takes water
    Golfing takes water
    Rafting takes water
    Boating takes water
    Wildfires start because of lack of water, and cost billions to fight
    Hydroelectric power takes water
    Cities take water

    Losing water won’t effect our economy a bit. Just life as usual…

    I wonder who came up with this brilliant report…