Abstract
As Aldo Leopold stated long ago and we have seen more recently with the success of Individual Transferable Quotas (ITQs) in fisheries management, vesting ordinary citizens with “ownership” of natural resources leads people to conserve them. By securing equitable shares of water and allowing everyone to trade what they save, innovative technology and the concept of H2Ownership can unlock equitable and competitive markets to effectively harness individual greed to create a widespread incentivized race to conserve, and a Leopoldian understanding and communal ethic about where the water comes from, how it is used, and where it goes.
Article published by the Johns Hopkins University Global Water Program
JHU_Water Ethic_Final_M. Simus