Zeus: Water endgame in the West begins to take shape

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By Trey Thoelcke Updated Published
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Zeus: Water endgame in the West begins to take shape

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(David Callaway is founder and Editor-in-Chief of Callaway Climate Insights. He is the former president of the World Editors Forum, Editor-in-Chief of USA Today and MarketWatch, and CEO of TheStreet Inc. His climate columns have appeared in USA Today, The Independent, and New Thinking magazine).

SAN FRANCISCO (Callaway Climate Insights) — During the recent rainstorms here in Northern California I’d often hike up to some trails behind my house between cloudbursts to stare at something I rarely have seen in our neighborhood — water flowing down the hillside.

Coursing through usually dry, dusty pathways and around no-campfire signs, water poured off the hills, down to the street below and into the sewer, where I could hear it roaring toward the San Francisco Bay to be lost forever. Then I’d check my phone for the latest price of my Fidelity Water Sustainability Fund (FLOWX), up 9% in the past three months.

California’s drought-stricken reservoirs filled back up in the past several weeks, and precious snowpack covered the Sierra Nevada mountain range that feeds so much water to the state. But its inability to capture more of the rainwater when it fell highlights the state’s lack of focus on what will soon be its greatest crisis: the Colorado River. …

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Photo of Trey Thoelcke
About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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