After nearly a year wrestling over the fate of their water supply, California, Arizona and Nevada — the three key states in the Colorado River’s current crisis — have coalesced around a plan to voluntarily conserve a major portion of their river water in exchange for more than $1 billion in federal funds, according to people familiar with the negotiations.
The consensus emerging among these states and the Biden administration aims to conserve about 13 percent of their allocation of river water over the next three years and protect the nation’s largest reservoirs, which provide drinking water and hydropower for tens of millions of people...