Texas could be facing one of the most significant budget challenges in the state’s history. But, by using a principled approach, the Legislature has the ability to bridge the state’s multi-billion dollar budget shortfall, without raising taxes.
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...