CBT Water Market Indicator: Prices Continue to Approach $30,000/unit

Originally published in Journal of Water, Fall 2018

Because the Northern Colorado Water Conservancy District (“Northern Water”) established simple mechanisms to allow trading of Colorado-Big Thompson (“CBT”) Project water, CBT units have been trading widely for about 60 years. The CBT Project is a federal water diversion project that brings water from the Colorado River headwaters on the West Slope to th…