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New bond lets investors turn a profit while helping California prevent fires

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  1. skybrian
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    From the article:

    From the article:

    [Yuba Water Authority] is putting $1.5 million into the bond because the forest work can actually help it save money. A healthier forest will result in less sediment and debris running into the reservoirs. Yuba Water spends millions of dollars cleaning its reservoirs of that debris, and those costs have been rising recently.

    Yuba can no longer rely on funds directly from the U.S. Forest Service, because the Forest Service is now spending more than half its budget fighting fires.

    1 vote