Regulation by CA Agency to Restrict Water for Vineyards: Cost $2 bil

on 27/10/10 at 3:45 pm


A regulation proposed by California’s State Water Resources Control Board to restrict vineyards from using the Russian River, its tributaries, and connected groundwater as a source of frost protection could result in losses of business income, state and local taxes and land values costing the California economy more than $2 billion annually including $143 million in lost tax revenue to local governments, according to an economic impact study by Robert Eyler, chair of the economics department at Sonoma State University.

The study was conducted by Eyler for Williams Selyem Winery.

{Full story}

Enhanced by Zemanta