fear not the robot

| April 25, 2015

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Incentives for Wasting California Water
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This article discusses an opportunity for California farmers to transfer their surplus water so they use up their allocated amount which ensures they will not get a reduced allocation in the future. Similar to the pollution situation with subsidiaries being offered creates more firms in the market which creates more pollution, farmers are avoiding the option of over-watering and wasting precious water in order to keep their water allotments from being cut. This topic is of particular importance with new water conservation laws in California due to severe drought conditions.

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China’s Trading Position

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Category: Economics

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