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Bullboard - Stock Discussion Forum Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar... see more

TSXV:GRB - Post Discussion

Greenbriar Sustainable Living Inc > Adjudicated Rights vs Pumpable Rights
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Post by shneps on Aug 08, 2024 12:47pm

Adjudicated Rights vs Pumpable Rights

I'm curious, based on the Water District's news release about the State's 20 year water supply forecast, as now being 53%, will the water district apply to the courts to have the "pumpable" water rights reduced. The current allowed pumping of water rights is 66.7%.
Even though Jeff has stated the water rights will always be there the fact is the allowed amount that you can be actually extract can be changed by the courts.

https://www.tehachapinews.com/news/state-forecasts-lower-deliveries-of-imported-water-over-next-20-years/article_7745dd2a-534c-11ef-8b3c-c37a23c33f82.html
Comment by tylerreddick on Aug 08, 2024 3:09pm
Surface water and groundwater are two different animals. But if the city ever succeeds in using treated domestic effluent to recharge the aquifers, it could allow for expansion regardless of the supply of state water. Having said that, there are a lot of unknowns that will affect just how much development can take place in such a water supply restricted area.
Comment by shneps on Aug 08, 2024 3:57pm
I'm not sure about them being two different animals as very little surface water ever leaves the basin (except in flood events) and what surface water falls in the area is recharge into the aquifer becoming ground water. The groundwater aquifer is recharged (topped up) with State water by the Water District. I believe this is also where the issues lay related to the the treated effulent. The ...more  
Comment by tylerreddick on Aug 08, 2024 4:13pm
I should have been a little more clear.  What I meant was that the State surface water is a complete different animal than the local groundwater. You are correct that local surface water ends up in the aquifer eventually, for the most part.  As for the present situation where they let partially treated water filter down into the zquifer, that is indeed a less than ideal practice. It also ...more  
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