This week, we’re dropping into your feeds to tell you about another podcast we make here at Marketplace, that we think Uncertain Hour fans will really like. It’s called “How We Survive.” And it’s about how people are navigating solutions to a changing climate. There’s a new season out now about water scarcity in the American West. We’re excited to bring you the first episode.
Buckeye, Arizona is a small city with big dreams.
Located on the western edge of the Phoenix metro area, Buckeye has the distinction of being one of the fastest growing cities in the country. In the past few decades, its population has ballooned more than 20-fold and the city plans to add more than 100,000 new homes in coming years. Some Buckeye boosters are betting the city will become “the next Phoenix.”
The only catch? Growth requires water. And Buckeye doesn’t have enough. So what’s a small city with big dreams to do?
Part of the answer lies in one scrubby acre of land way out in the Harquahala Valley that’s owned by a group of investors. Buckeye wants to buy the plot for $80 million for the water that lies beneath it.
This episode, we follow one small city in its quest to secure more water. We visit a master-planned community out in the Arizona desert. And we explore how hedge funds and other investors are profiting from the water crisis and reshaping the West.