Water speculators could face more obstacles based on work by new group

The Colorado Department of Natural Resources announced an 18-member work group to conduct a study of how to strengthen Colorado’s water anti-speculation law. Currently, Colorado water law prohibits speculation by requiring water to be used for a beneficial purpose. The purpose of a recent bill that created the work group was to make sure that Colorado’s water speculation law has enough legal teeth to “go after” any speculative behavior.