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Water Transactions: Challenges and Strategies

Water Transactions: Challenges and Strategies
Product Code - EHAU03
Speaker(s): Adam Schempp, Environmental Law Institute (Moderator), Bill Hasencamp, Metropolitan Water District of Southern California, Peter D. Nichols, Berg Hill Greenleaf & Ruscitti LLP, Bruce Aylward, Ecosystem Economics LLC, Davíd Pilz, Ecosystem Economics LLC
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Increasing demand for water and less reliability in its supply is necessitating transactions of water (and the rights to it) among users, a trend that only will increase in the years ahead. These transactions can occur between neighbors or between parties hundreds of miles away; they can be in the form of a sale, lease, or donation; and they can move water among uses, including agricultural, municipal, industrial, energy, and environmental uses.

Navigating the legal requirements as well as the political, economic, environmental, and social impacts of water transactions often is challenging and can require innovation, collaboration, and patience.

Bloomberg BNA and Environmental Law Institute are proud to have a distinguished panel to discuss these cutting-edge topics:
• Adam Schempp, Director, Western Water Program, Environmental Law Institute (Moderator)
• Bill Hasencamp, Manager, Colorado River Resources, Metropolitan Water District of Southern California
• Peter D. Nichols, Counsel, Berg Hill Greenleaf & Ruscitti LLP
• Bruce Aylward, Director, Ecosystem Economics LLC
• Davíd Pilz, Senior Associate, Ecosystem Economics LLC

Educational Objectives:
• Examine groundbreaking examples of water transactions
• Review key components to successful water transactions
• Explore the needs of growing municipalities and how they cope with drought, and/or protect the environment
• Identify obstacles involved with water transactions

Who Would Benefit From Attending This Program:
Environmental attorneys, environmental consultants, policy experts, and other professionals involved with water transactions.

Program Level: Intermediate
Prerequisite: A general understanding of environmental law.
CPE Delivery method: Group Internet-Based Live
Field of Study: Specialized Knowledge & Applications
Recommended CPE credit: 1.5 credit
Anticipated CLE credits: 1.5 credits (may vary based on locations requested)
Register easily and securely to reserve your space now for Bloomberg BNA's upcoming EHS Webinar and get a $75 discount as a Bloomberg BNA subscriber! Or, call 800-372-1033, menu Option 6, submenu Option 1, and refer to the date and title of this conference. Lines are open from 8:00 a.m. to 8:00 p.m. ET, excluding most federal holidays.

In addition, you'll receive:
• Personal attention. Once you've registered, send your questions in advance to and they'll be included in the program. You'll also have a chance to ask your questions during the Webinar.
• Follow-up materials. You need no materials upfront to follow along to our live conference. But Bloomberg BNA always issues a follow-up e-mail with contact information for our speakers as well as other materials related to the topic.
• CLE and CPE credits will be available for this EHS Webinar.

Adam Schempp, Environmental Law Institute (Moderator), Bill Hasencamp, Metropolitan Water District of Southern California, Peter D. Nichols, Berg Hill Greenleaf & Ruscitti LLP, Bruce Aylward, Ecosystem Economics LLC, Davíd Pilz, Ecosystem Economics LLC

Bruce Aylward is a director at Ecosystem Economics LLC, where he provides strategic advice and capacity-building on the use of water rights and water markets for ecosystem purposes to foundation, non-profit, and agency initiatives in the western United States. He also is an adjunct faculty member for Oregon State University’s water resources graduate program and teaches natural resource economics at the OSU cascades campus in Bend, Oregon. From 2002 to 2007, Bruce led water market and water bank development efforts at the Deschutes River Conservancy in Oregon. During that time, he also served as convening lead author on freshwater services for the policy track of the millennium ecosystem assessment and wrote the economics chapter for FLOWS, a World Conservation Union guide to environmental flows that has been translated into ten languages. Bruce has a B.A. from Stanford and a M.A. and Ph.D. from Tufts University.

Bill Hasencamp is the manager of Colorado River Resources for the metropolitan water district of southern California. He develops and manages water supply programs to augment Metropolitan’s Colorado River water supplies. He has been with Metropolitan for 12 years, negotiating transfer agreements with irrigation districts and exchange agreements with municipal agencies as well as funding new water supply projects, which have more than doubled Metropolitan’s Colorado River water supplies since 2003. Bill also is one of California’s representatives to the Colorado River salinity control forum. He is a registered professional engineer in California and has a bachelor's degree in civil engineering from California State University, Long Beach and an M.B.A from Pepperdine University.

Peter D. Nichols practices water, environmental, conservation, and related law (of counsel, Berg Hill Greenleaf & Ruscitti LLP, Boulder, Colorado). He serves as special counsel to the Lower Arkansas Valley super ditch company and the Lower Arkansas Valley water conservancy district, which have been pursuing innovative temporary ag to municipal transfers for nearly 10 years. Peter also is helping develop the Colorado Water plan as a gubernatorial appointee to the Interbasin Compact committee and elected member of the Metro Basin Roundtable. He is active in changing statutes to facilitate ag-municipal water sharing. Peter is a member of the bars of Colorado; the U.S. Supreme Court; the First, Second, Ninth, Tenth, and Eleventh Circuit Courts of Appeal; and the U.S. District Court for Colorado. He holds a B.A. from Colorado College, a MPA from the University of Colorado, and a J.D. from the University of Colorado School of Law.

David Pilz is a senior associate at Ecosystem Economics LLC, where he works with foundation, non-profit, and agency clients on a variety of market-based, water management projects for ecological benefit. Prior to joining Ecosystem Economics, David led the instream flow restoration program at The Freshwater Trust, implementing cooperative, market-based projects with water right owners. He also managed water policy efforts, engaging on a number of policy advisory groups, rules advisory committees, and working on legislation central to flow restoration in Oregon. David was awarded a fellowship from the International Center for Excellence in water resources management in Adelaide, South Australia, the culmination of which was an article titled “Lessons in Water Policy Innovation from the World’s Driest Inhabited Continent: Using Water Allocation Plans and Water Markets to Manage Water Scarcity,” published in the University of Denver Water Law Review. David has a B.A. in Environmental Biology from Colorado College and a J.D. and Natural Resources Certificate from Lewis and Clark Law School.

Adam Schempp is director of the western water program at the Environmental Law Institute in Washington, D.C. He leads the Institute’s work on water rights, allocation, and use. Much of his research focuses on identifying opportunities to meet sustainability objectives through existing laws and potential legal developments. Adam also works extensively on water quality and marine management issues. Prior to joining ELI, he clerked in the legal department of the Denver water board and for the Native American Rights Fund. Adam has a B.A. in Ethics, Politics, and Economics from Yale University and a J.D. from the University of Virginia School of Law.