Bring new water to the Colorado River, and a national infrastructure bank to finance it
Mike Wade, “Imperial Valley can’t sustain another water cut,” Dec. 14, is absolutely right. However, if we can’t get new water to the Colorado River, and even though conservation is important, no amount of conservation is going to fix this problem.
Here’s one solution to avoid the looming disaster. The National Infrastructure Bank (NIB) set out in House Resolution 3339 would provide $5 trillion in low-cost loans for a broad range of public infrastructure projects – including massive water systems – without the need for increasing taxes or any deficit budget spending. This bill is modeled on the successful Reconstruction Finance Corporation (RFC) started by President Herbert Hoover and used by President Franklin D. Roosevelt to build Hoover Dam and bring water and electricity to the Southwest.
The NIB is prepared to invest up to $400 billion to bring new water to the Colorado River and the Southwest. One possibility would be to divert water from the Atchafalaya River in Louisiana through Louisiana, Texas, New Mexico, Arizona and up to the Glen Canyon Dam.