Sharing economy for water lets farmers lease excess resource to neighbors

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Lake Powell is the second largest reservoir in the US, providing water to 40 million people across seven states. Now, after 15 years of drought — the longest spell in 100 years — it is at only 45 percent of its capacity. Faced with these troubling statistics, The Swiim System — created in collaboration with the US Department of Agriculture — is hoping to encourage more efficient use of agricultural resources, by enabling farmers to 'lease' out surplus water to others. Swiim stands for Sustainable Water and Innovative Irrigation Movement. The system includes a software suite which enables farms to…

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