Texas drought forces small town to default on water system debt | The small city near Abilene is facing a rare climate-related default.
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Texas drought forces small town to default on water system debt
https://www.dallasnews.com/business/economy/2024/08/19/texas-drought-forces-small-town-to-default-on-water-system-debt/
A persistent drought in Texas is hurting the finances of a small town, making it unable to pay bondholders in a rare instance of climate-related default.The...