Report: Texas' economy at risk from water supply, infrastructure shortage

Austin (KXAN) -- Despite Texas' economic dependence on water and the infrastructure that moves it, a new report finds the state faces a long-term water supply deficit.The report by the Center for Energy Studies at Rice University’s Baker Institute and commissioned by Texas 2036, said the state is economically vulnerable should a severe drought occur.It estimates that if a years-long drought similar to that of the 1950s happened, then as soon as 2030 Texas will endure $160 billion in annual