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Regional summit program series on water rights and water trading has been launched

January 12, 2012
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A collection of three summits will be held this year that will focus on the important topics of water rights and water trading. The summits will seek to highlight the business and investment opportunities being generated by the evolving water crisis that continues to impact the western region of the United States.

The three events will bring together industry leaders within the water resource development and investment arena to identify and review creative realistic solutions for addressing water resource challenges in some of the most water-stressed states in the country.

The summits are being organized by WestWater Research (WWR) in partnership with American Water Intelligence (AWI).

Clay Landry, managing director of WestWater Research and co-organizer of this new summit series, notes that the topics of water rights trading and water resource development are complex and not always easily understood.

“Water is a crucial component of our economic future and the U.S. has serious issues relating to the development of reliable water supplies. If America is not already facing a water crisis, we know it will soon” observes Landry.

To address the various challenges linked to water availability and future water resource development, the three much anticipated summits are being organized to attract a broad range of professionals -- from the fields of law, finance, engineering consultancy, government, and local business groups as well as the holders of water rights.

The summits will be hosted in three distinct water-stressed states of the country – Arizona, California, and Texas.

The first summit entitled “Water Rights & Trading Summit: Southwest” will take place in Scottsdale, Arizona. It will be held on February 2-3rd.

Speakers at the upcoming Scottsdale summit to include: Dr. Jim Pickles who is senior director of product management at AREVA Solar; Gary Stokes who is the president of the Water Transmission Group for NW Pipe Company; David Zetland who is a senior water economist in the Department of Environmental Economics and Natural Resources at Wageningen University in the Netherlands where he is working on an EU-funded project entitled “Evaluating Economic Policy Instruments for Sustainable Water Management in Europe.”; Mark Myers who is the senior consultant and leader of the Montgomery & Associates'' Water Resource Policy & Economics group; and David Penrice who is the Chief Executive Officer at Aqua Capital Management LP.

Topics to be addressed at the Scottsdale summit include: opportunities for water re-use & effluent, source water for mining, water demands when it comes to real estate development, water demands and solar energy development, role of groundwater storage, tribal water rights, etc.

The three summits will offer opportunities for professional development (certification towards CLE accreditation), networking, and investment ideas.

And summit delegates are highly encouraged to present innovative ideas for new water resource development.

It is worth noting that 1% of the profits from these summits will be donated to the Bonneville Environmental Federation to purchase water restoration certificates that will facilitate the return of water to stressed watersheds in the western United States.

For more information about the upcoming summit that will take place in Scottsdale, Arizona and to register, visit http://www.waterrightstrading.us/arizona.html. Alternatively, contact Monique Hardy at hardy@waterexchange.com.

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