A long-delayed plan to build a giant reservoir in Northern California to help withstand the U.S. West’s notorious droughts got a huge financial boost on Thursday when the federal government signaled its intent to loan the project nearly $2.2 billion — about half of the cost to design, plan and build it. The project still must clear some regulatory processes before construction, including an environmental review in which the project is facing fierce resistance.
Read full article
Big new California reservoir on track for $2.2B federal loan
