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you can bank on it:   utilizing private  water  banks  to  mitigate  ground water   development.
we like to pump  ground water
(Dave Nazy, DOE, WA)
(Dave Nazy, DOE, WA)
(Dave Nazy, DOE, WA)
(Dave Nazy, DOE, WA)
(Dave Nazy, DOE, WA)
(Dave Nazy, DOE, WA)
(Dave Nazy, DOE, WA)
(Dave Nazy, DOE, WA)
(Dave Nazy, DOE, WA)
water levels are declining in  aquifers   Anderson and Woosley Jr. (USGS, 2005)
9 of 12  fastest growing  states are located in the West. Anderson and Woosley Jr. (USGS, 2005)
56% dependence on groundwater for domestic water use.   Anderson and Woosley Jr. (USGS, 2005)
 
what is a water bank?
mechanisms that facilitate transfers  and exchange of water -Department of Ecology, State of Washington
 
bigger is not always better
 
private ground water  mitigation  banks are   good
what can we learn from  wet land  banks ?
we lose 60,000 acres of wetlands  a year.
watershed
watershed, wetlands
Wetland Bank
Wetland Bank  CREDITS
WETLAND BANK   SERVICE AREA
WETLAND BANK   SERVICE AREA
WETLAND BANK   SERVICE AREA
WETLAND BANK   CREDITS $  regulatory authority
Environmental Law Institute (2005) wetland banking growth
Environmental Law Institute (2005) wetland bank sponsors
how does this relate to private ground water   mitigation   banks ?
WETLAND = WATER
closed watershed
100 AC-FT  historic irrigation
100 AC-FT   aquifer recharge
100 AC-FT   aquifer recharge   WATER BANK
100 AC-FT   WATER BANK service area
100 AC-FT   WATER BANK service area   10 AC-FT
100 AC-FT   WATER BANK service area   10 AC-FT
WATER BANK CREDITS/ VOLUME $ regulatory authority
ground water  mitigation  banks   are  good
good  for pocket books decreased transactions costs
good  for calendars  13  years for a change authorization
good  for transparency  encourages economic development
good  for  aquifers
good  for land use planning
good   for agriculture
good   for ecosystems
good  for people
chris corbin   chris@ loticwater .com  406-531-9156

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You Can Bank on It: Utilizing private water banks to mitigate groundwater development