A new report published by business organization Environmental Entrepreneurs (E2) warns of the effect of climate change on Colorado's water supply and states that there is an increasing gap between the state's water supply and demand.
Colorado's business leaders predict that by 2050 municipal and industrial water use in the state is going to rise dramatically, by over 80 percent. The projected increase in population will account for the majority of this growth, the report noted.
However, the state simply does not have that much water to meet the demand. On the contrary, the E2 report estimates that the state's water supply will fall short by between 600,000 to 1 million acre feet by 2050.
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The main reason behind this shortfall is climate change, Colorado entrepreneurs believe. It is having a serious impact on the Colorado River, which many refer to as America's most endangered river.
According to the 80 members of the Colorado unit of E2, the water supply problems can be solved but it would require lots of work. The group proposed that municipal and industrial water use should be reduced by a quarter by 2025 and by half by 2050. As part of the recommendations listed in the report, E2 also called for introduction of incentives that encourage water saving and increase water reuse. In addition, Colorado authorities should require fracking companies to reuse fluids used in the drilling process, the group stated.