(Vote in our poll: Should Poseidon get the subsidy?)
The mighty Metropolitan Water District of Southern California agreed this week to pony up $14 million per year - or $350 million over the next 25 years, if you prefer to think of it that way - to pay for desalinated water in San Diego County.
That money will go to public entities - cities and water districts - to offset the cost of water they’ll buy from a private, yet-to-be-built, desalination plant in Carlsbad. That plant will be constructed and owned by Poseidon Resources LLC.
If this Poseidon thing rings a bell, it’s not just because you remember Shelley Winters from the disaster movie. Poseidon is also working on a similar project in Huntington Beach.
The San Diego project, however, is much farther along, and will be Southern California’s first major foray into ocean desalination. Construction of the $300 million-or-so plant should begin next year, and water is supposed to flow in 2012. It will provide enough water for about 300,000 residents, or 100,000 homes a year. (Over the quarter-century, that translates to some 1.4 million acre-feet of new water - nearly twice the capacity of Diamond Valley Lake, the region’s largest drinking water reservoir near Hemet, Met says. See Met report here: met-desal-report)
Poseidon hopes to issue more than $500 million in tax-free bonds to construct the Carlsbad facility.
The $350 million public dollars that will make their way to Poseidon’s pockets over the next quarter-century come from Met’s Local Resources Program, which aims to boost SoCal’s own water supplies, and reduce dependence on the imported stuff. It’s a controversial move:
- Critics want Met to fund public projects, not private ones.
- Environmentalists worry about the impact of highly salty brine, a byproduct of desalination, and want to pursue cheaper alternatives (conservation, recycling, recapturing stormwater and the like).
- Others worry about Poseidon’s splotchy track record. Read the rest of this entry »



If there’s anything you can count on in government, it’s that change doesn’t happen fast.




