"New BDCP Documents Say Taxpayers May Subsidize the Delta Tunnels Due to Uncertainty Over Tunnel Impacts
Dr. Jeffrey Michael
Originally Published Wednesday, June 5, 2013
The newly released BDCP documents contain the following passage labeled as a "Note to Readers". (chapter 8, page 80). (6/7 note: Some readers are having a hard time deciphering this language and its significance. This is all new language to the BDCP cost documents, and shows that the BDCP wants to change its financing assumptions to increase public subsidy of the water contractors and shift costs from agricultural to urban water users if they can get approval. None of it shows up on the glossy BDCP handouts for the media.
continue here......
http://valleyecon.blogspot.com/2013/06/new-bdcp-documents-suggest-that-water.html
Dr. Jeffrey Michael
Originally Published Wednesday, June 5, 2013
The newly released BDCP documents contain the following passage labeled as a "Note to Readers". (chapter 8, page 80). (6/7 note: Some readers are having a hard time deciphering this language and its significance. This is all new language to the BDCP cost documents, and shows that the BDCP wants to change its financing assumptions to increase public subsidy of the water contractors and shift costs from agricultural to urban water users if they can get approval. None of it shows up on the glossy BDCP handouts for the media.
continue here......
http://valleyecon.blogspot.com/2013/06/new-bdcp-documents-suggest-that-water.html