Callagy, Sean2019-09-252019-09-252010-10-28200800461121http://hdl.handle.net/20.500.12424/175757"his Comment analyzes a small town’s efforts to regulate its municipal water supply by enacting a moratorium on new connections. The Comment relates the history of the policy, discusses the legal underpinnings of a water moratorium, and explores the effects of the moratorium. The Comment then discusses attributes of the moratorium, especially as it concerns the use of a formal governmental body to apportion rights, and queries why the moratorium has remained in place for nearly four decades. Finding that the moratorium represents a rational but imperfect response to scarcity of a critical natural resource, the Comment proposes a regime of tradable rights in water as a means of increasing efficiency in resource allocation while overcoming the institutional, legal, and societal deadlock perpetuated by the moratorium." (p. 1)engWith permission of the license/copyright holderclimate ethicswaternatural resourcesPolitical ethicsEnvironmental ethicsGovernance and ethicsResources ethicsArticle