My name is Zach Whiting, policy director and senior fellow for Better Tech for Tomorrow, an initiative of the Texas Public Policy Foundation. I am testifying in support of HB 18.
Water Markets in Texas
Texas water law should be updated to embrace free market transactions that have been incorporated into other Texas statutes governing markets such as electricity, telecommunications, and insurance. Key points: The best instrument for optimizing allocation of scarce water resources is the exercise of private property rights in a competitive marketplace, otherwise known as a water...