Institute president and founder Peter Gleick says droughts have a wide range of costs from impacts on agriculture and fisheries, consumers forced to reduce water use and the reduction of hydroelectric power due to lower water levels behind dams.
Gleick says hydroelectricity costs less than alternatives, like gas-powered plants, which is why your bill goes up. That is above and beyond the air pollution he says gas-powered plants create.
His report does not offer solutions, but Gleick suggests it will be a wake up call for state and federal lawmakers, water managers and the public when it comes to the need to plan for drought conditions and the associated consequences.
Download the report here.