Despite the rain-soaked year California has had, the ongoing issues of drought and limited water remain. Bloomberg reporters Peter Waldman,Mark Chediak, and Sinduja Rangarajan join this episode to talk about how farms that grow lucrative cash crops like almonds and pistachios are digging deeper and deeper wells to tap the state’s dwindling groundwater supply–leaving people in some communities with less to drink.

Read the investigation here: Groundwater Gold Rush

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

Despite the rain-soaked year California has had, the ongoing issues of drought and limited water remain. Bloomberg reporters <a href="https://www.bloomberg.com/authors/APuwLdDPlj8/peter-waldman">Peter Waldman,</a> <a href="https://www.bloomberg.com/authors/APj9IOx5Yhk/mark-chediak">Mark Chediak</a>, and <a href="https://www.bloomberg.com/authors/AVdFewXg8Rs/sinduja-rangarajan">Sinduja Rangarajan</a> join this episode to talk about how farms that grow lucrative cash crops like almonds and pistachios are digging deeper and deeper wells to tap the state’s dwindling groundwater supply–leaving people in some communities with less to drink.
Read the investigation here: <a href="https://www.bloomberg.com/graphics/2023-wall-street-speeds-california-groundwater-depletion/">Groundwater Gold Rush</a>
Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: <a href="https://bloom.bg/3F3EJAK">https://bloom.bg/3F3EJAK</a> 
Have questions or comments for Wes and the team? Reach us at <a href="mailto:bigtake@bloomberg.net">bigtake@bloomberg.net</a>.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

“Deeper Pockets, Deeper Wells”

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/93c1c70e-e7bd-4e87-9086-aff0015a93f3/transcript

Advertisement