As summer winds down, the rains have finally come to much of New Mexico. The precipitation is welcome because like much of the western part of the U.S., New Mexico has been in a severe drought for much of the past decade. However, all of the reports I have read indicate that the healthy rains we have been receiving are still not enough to make a significant dent in our drought situation.
With every problem comes opportunity and this is the case when it comes to water shortages. Opportunities abound for firms that specialize in water conservation and recycling. More and more developments are incorporating green technologies that include low water usage. These are technologies that can be exported to other arid countries that are facing our same situation. New Mexico’s has a long history of high technology and its firms could very well become a worldwide leader in water technology.