The Fox Canyon Water Market: A Market-Based Tool for Groundwater Conservation Goes Live | USDA

Ventura County, California, is an agricultural powerhouse. In 2017, its revenues from agriculture were an estimated $2.1 billion. It also faces extraordinary population pressure, with nearly 450 people per square mile – about five times the average population density of the United States. Both agriculture and infrastructure are dependent on, and impacted by, the availability of water – which has itself been impacted by California’s rapidly-diminishing groundwater reserves.

Source: The Fox Canyon Water Market: A Market-Based Tool for Groundwater Conservation Goes Live | USDA