The San Diego County Water Authority's board of directors approved a $3 billion water purchase agreement with Stamford, Conn.-based Poseidon Resources that will allow a Carlsbad seawater desalination plant to move forward.
Votes In, Poseidon Set to Build Desalination Plant
NOV 30, 2012 5:07pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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