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SEARCH More than 5,600 stories! A great gift for crisis deniers! Humoring the Horror of the Converging Emergencies 94 color pages $24.99 now $15! Or read FREE online! Twitter Ping this story in social media: del.icio.us Digg Newsvine NowPublic Reddit Facebook StumbleUpon

Posted Tue Mar 24 2009: from Wall Street Journal: Drought Turns Water Into a Cash Crop http://apocadocs.com/s.pl?1237912592 ... After three years of drought in California, water is now a potential cash crop. Last fall, the state activated its Drought Water Bank program for the first time since 1994. Under the program, farmers can choose to sell some of the water they would usually use to grow their crops to parched cities, counties and agriculture districts. Water -- or the lack of it -- has been costing the state dearly. According to Richard Howitt, a professor at the University of California, Davis, the drought and resulting water restrictions could cost as much as $1.4 billion in lost income and about 53,000 lost jobs, mostly in the agriculture sector. [Read more stories about: water issues] This item will appear in our PANIQuiz! New!: Your Quips: Nell says: "And diviners!" Got a PaniQuip? Your Quip (limit 140 characters, no links, just wit): First name: The text shown in the Web image to the right: We reserve the right to reuse, remove, or refuse any entry.

'Doc Jim says: But think of all the new job opportunities for rain dancers! NEXT> More stories: Pancake ice takes over the Arctic Daily Red Meat Raises Chances Of Dying Early (Drought Turns Water Into a Cash Crop) Obama's Climate Challenge: Winning the Carbon Game Nestle plan sets off water war Want to explore more? Try the PaniCloud!

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