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Abstract: Professor Buzz Thompson's book Liquid Asset explores the critical partnership between the public and private sectors in water management. Water management has taken center stage in Arizona, where Colorado River shortages, groundwater depletion, and persistent water rights litigation has placed national media attention on the state. The principles set out in Professor Thompson's book can guide Arizona's engagement with the private sector to address its water challenges. This essay identifies four areas for private sector engagement in Arizona - innovation in cooling technology, water rights markets, water infrastructure financing, and water data access. This essay then suggests how partnering between the state of Arizona and businesses can advance water security in these four areas.
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