Coalition for the National Infrastructure Bank

$5 Trillion, 25 Million Jobs

Bringing New Water to the Colorado River, and a National Infrastructure Bank to Finance It

December 26, 2022


Mike Wade, “Imperial Valley can’t sustain another water cut,” Dec. 14, is absolutely right. However, if we can’t get new water to the Colorado River, and even though conservation is important, no amount of conservation is going to fix this problem.


Here’s one solution to avoid the looming disaster. The National Infrastructure Bank (NIB) set out in House Resolution 3339 would provide $5 trillion in low-cost loans for a broad range of public infrastructure projects – including massive water systems – without the need for increasing taxes or any deficit budget spending. This bill is modeled on the successful Reconstruction Finance Corporation (RFC) started by President Hoover and used by President Roosevelt to build Hoover Dam and bring water and electricity to the Southwest.


The NIB is prepared to invest up to $400 billion to bring new water to the Colorado River and the Southwest. One possibility would be to divert water from the Atchafalaya River in Louisiana through Louisiana, Texas, New Mexico, Arizona and up to the Glen Canyon Dam.


       
In this proposal, no water would be taken from the main channel of the Mississippi. As of December 19, 1.43 million gals/sec of Atchafalaya River water was simply going into the Gulf of Mexico without producing electricity or supporting commercial shipping. Taking just 100,000 gals/sec (7%) of this water would fill Lakes Powell and Mead to 50% capacity in one year and 9 months. The project would save on construction costs by using an existing facility –
the Old River Control Complex just south of Vidalia, Louisiana, where the Army Corps of Engineers diverts 30% of the downflow of the Mississippi to prevent flooding in New Orleans. This undertaking would build a 1400 mile series of pipelines, open channels, tunnels, and pumping stations (similar to the California, Los Angeles, Colorado River Aqueducts and the Central Arizona Project). It could be built in a year, along interstate highway rights-of-way, using huge earth moving machines like those employed in Holland for their canal systems.

There is historical precedent for building systems like this project with deliberate, urgent, speed. In less than a year between 1942 and 1943, the RFC financed and built TWO pipelines of similar length, 1200 and 1400 miles, to carry crude oil from Texas oil fields to the East Coast. These pipelines rescued the entire East Coast industrial oil refining system and won World War II for the Allies.


Such a water aqueduct system might cost on the order of $14-23 billion, a small amount for a $5 trillion bank and also small compared to cutting off water supplies to farmers in the Southwest who produce $39 billion worth of our annual food supply. Without new water in the Colorado, food prices will skyrocket more than they already have, and we will all needlessly suffer. It is also unthinkable to allow water levels in Lakes Mead and Powell to fall to the point where the dams can no longer generate electricity or provide drinking water.

We don’t think anything about pumping crude oil and gasoline through 190,000 miles of U.S. pipelines from areas that have oil and gasoline to areas that don’t. We certainly can do the same with water.


All U.S. Senators and Representatives, regardless of party, should get behind HR3339 and vote for the National Infrastructure Bank.


Note: This opinion piece by Don Siefkes and Alphecca Muttardy was posted in The Desert Sun and Yahoo News. You can see the published article here.


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