Water Resources News and Events

The News Review:

- FEATURE-US high-tech water future hinges on cost politics
- Water Main Break Forces Leeward Coast to Conserve Water
- State water plan called critical
- Pennichuck Corporation Announces Higher Q4 and Full Year 2008 Earnings

FEATURE-US high-tech water future hinges on cost politics
Reuters
"The water that we use in the West is generally undervalued" said Tim Barnett a marine research physicist for the Scripps Institution of ceanography at the University of California San Diego. The math has changed as the region’s water grows scarcer its population swells and environmental pressures mount. "This is a new day and we have conditions which compel us to look to new water resources" said David Nahai general manager of the Los Angeles Department of Water and Power the nation’s largest municipal utility. He and other water managers see tremendous potential in stepped-up conservation from encouraging more waste-conscious personal behavior to installing low-flow showers toilets appliances and lawn sprinklers. Such measures could add more than 1 million acre feet of water — enough for 8 million people — to Southern California’s regional supply alone or about 25 percent of current annual use according to a report by the Los Angeles County Economic Development Corp. Further gains are possible by replenishing groundwater basins with rainfall runoff that normally flows to sea. THE HLY GRAIL Desalination the process of converting salt water to fresh has long been viewed as the holy grail in the quest to replace imported drinking supplies said Jonas Minton of the environmental group Planning Conservation League.

Water Main Break Forces Leeward Coast to Conserve Water
KHN2
addVariable(“videoId” “41131572″);bimso. “We found that line had a split in it that it was broken” says Su Shin Board of Water Supply. And Wednesday Board of Water Supply crews were still on the scene making repairs. Even after working overtime through the night. “Because it’s such a large main these repairs aren’t fast or simple” says Shin. And getting to the break has proved tougher than expected.

State water plan called critical
Fort Worth Star Telegram
For Tarrant County and the rest of North Central Texas known as Region C the state water plan calls for $13. 2 billion in capital costs to provide water for a population expected to reach 13 million by 2060. “Insufficient water supplies could cost Texans $9. 1 billion in 2010 and $98. 4 billion in 2060″ says State Comptroller Susan Combs’ report on water Liquid Assets which was released this year. “State government could lose $466 million in tax revenue in 2010 and up to $5. 4 billion by 2060 due to decreased business activity as a direct result of insufficient supply.

Pennichuck Corporation Announces Higher Q4 and Full Year 2008 Earnings
MSNBC
The Company’s annual meeting of shareholders will be held at 9:00 am onWednesday May 6 2009 at the Nashua Courtyard by Marriott Hotel. TheBoard of Directors has fixed the close of business on Friday March 6 2009as the record date for the determination of shareholders entitled to noticeof and to vote at the annual meeting. Pennichuck Corporation is a holding company involved principally in thesupply and distribution of potable water in New Hampshire through its threeregulated water utilities. Its non-regulated water-related activitiesinclude operations and maintenance contracts with municipalities andprivate entities in New Hampshire and Massachusetts. The Company’s realestate operations are involved in the ownership management andcommercialization of real estate in southern New Hampshire. Pennichuck Corporation’s common stock trades on the Nasdaq Global Marketunder the symbol “PNNW. ” The Company’s website is at.
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March 12th, 2009 at 7:54 am