3 take aways. Mosbacher Institute. TAMU. Groundwater Regulations.

  • Current regulations are confusing. There should be some regulation. But not this. A property rights based system would be better.
  • 4 options for groundwater regulation:
    • Maintaining the existing GCD structure but changing the regulatory process;
    • Replacing the GCDs with aquifer-based regulatory authorities;
    •  Replacing the GCDs with a statewide groundwater agency; or
    • Creating groundwater bank accounts.
  • Free market principles should prevail. The current regulatory structure under values ground water rights. 

Mosbacher Institute at Texas A&M | Phantom Capital | How Regulation Weakens Texas Groundwater Resources