California is no stranger to drought, but new research suggests the state is heading toward a far more severe water crisis than many anticipated. Without urgent action, California could lose between $3 billion and $14 billion annually in water-related agricultural losses, according to a study from the University of California, Davis. The state’s water supply is projected to shrink by up to 25 percent by 2050, which could force nearly 3 million acres of farmland out of production and eliminate 67,000 rural jobs.

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