Biden admin awards $40M to buy water rights, aiming to protect Colorado River flows.

The Biden administration has awarded $40 million to the Colorado River District to purchase senior water rights from Xcel Energy, aimed at securing the historic in-stream flows of the Colorado River. The $99 million goal supports water supply for agriculture, recreation, and ecosystems along a 250-mile stretch. This funding is part of a $388.3 million package awarded to Colorado River projects under the Inflation Reduction Act, focusing on drought mitigation and ecosystem support.

2 months ago
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