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California drought not helping water funds, but stocks prosper

2015-06-05 09:28:45| Industrial Machines - Topix.net

The record California drought, now in its fourth year, is prompting fund managers to dive into the shares of water technology companies. Fund managers from T. Rowe Price, Janus, and Mairs & Power are among those that have increased their stakes in firms such as Ecolab Inc, Roper Technologies Inc and Flowserve Corp that make smart meters, efficient heaters, and software that helps restaurants, hotels and homeowners cut back on their water usage.

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Environmentalists sue to protect fish amid California drought measures

2015-06-04 21:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: California environmental groups have sued state and federal water managers, claiming that their drought-management plan for projects below the crucial Sacramento-San Joaquin River Delta is pushing some species of fish to the brink of extinction. The lawsuit marks the latest salvo in the battle over water in California as the state suffers through its fourth year of a devastating drought that has prompted strict conservation measures. "We bring this lawsuit in an effort to prevent the impending...

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Why Heat is Accelerating the California Drought

2015-06-04 17:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: Although record low precipitation has been the main driver of one of the worst droughts in California history, abnormally high temperatures have also played an important role in amplifying its adverse effects, according to a recent study by the U.S. Geological Survey and university partners. Experiments with a hydrologic model for the period Oct. 2013-Sept. 2014 showed that if the air temperatures had been cooler, similar to the 1916-2012 average, there would have been an 86% chance that the winter...

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Agriculture losses drought set jump 23% this year, economy coping

2015-06-04 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: This year, California farmers will likely experience worse drought conditions than they did in 2014, but a preliminary report suggests the economic impacts won't be as severe as some researchers had anticipated. According to data collected by researchers at the University of California, Davis, the amount of available surface water supply will be about 33 percent less on average. While the reduced water level is significant, increased groundwater pumping is expected to help buffer the agricultural...

Tags: year set jump economy

 

Drought, water shortages become top worry for Californians: poll

2015-06-04 06:20:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: California's devastating drought has become the top concern for residents for the first time, as the most populous U.S. state experiences mandatory water cutbacks, according to a poll released on Wednesday. More than one-third, or 39 percent, of likely voters surveyed by the Public Policy Institute of California named water shortages and the drought as the state's most pressing issue, followed by 20 percent who said jobs and the economy were of biggest concern. It was the first time the state's...

Tags: top water poll worry

 

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