Is Water Becoming the New Oil? by Marc Clayton

Dandelion Salad

by Marc Clayton
carolynbaker.net
Friday, 30 May 2008
Reprinted from COMMON DREAMS

Population, pollution, and climate put the squeeze on potable supplies – and private companies smell a profit. Others ask: Should water be a human right?

Public fountains are dry in Barcelona, Spain, a city so parched there’s a €9,000 ($13,000) fine if you’re caught watering your flowers. A tanker ship docked there this month carrying 5 million gallons of precious fresh water – and officials are scrambling to line up more such shipments to slake public thirst.

Barcelona is not alone. Cyprus will ferry water from Greece this summer. Australian cities are buying water from that nation’s farmers and building desalination plants. Thirsty China plans to divert Himalayan water. And 18 million southern Californians are bracing for their first water-rationing in years.

Water, Dow Chemical Chairman Andrew Liveris told the World Economic Forum in February, “is the oil of this century.” Developed nations have taken cheap, abundant fresh water largely for granted. Now global population growth, pollution, and climate change are shaping a new view of water as “blue gold.”

Water’s hot-commodity status has snared the attention of big equipment suppliers like General Electric as well as big private water companies that buy or manage municipal supplies – notably France-based Suez and Aqua America, the largest US-based private water company.

Global water markets, including drinking water distribution, management, waste treatment, and agriculture are a nearly $500 billion market and growing fast, says a 2007 global investment report.

…continued

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see

Social change to stop climate change

General Zinni: Global warming a serious security threat (video)

The Most IMPORTANT Video You’ll Ever See (videos; Parts 1-4)

The Most IMPORTANT Video You’ll Ever See (videos; Parts 5-8)

How It All Ends: Your Mission (global warming; must-see videos)

How It All Ends (Global Warming; must-see video; links)

Global Warming/Climate changes/Environment

Global Warming

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3 thoughts on “Is Water Becoming the New Oil? by Marc Clayton

  1. Pingback: The Corporations – Killers of Democracy By Siv O’Neall « Dandelion Salad

  2. Beware of Boon Pickens and his desire to pipe water from the Anadarko Basin (Kansas, Nebraska, Oklahoma, Colorado) to the big cities in Texas..Also, the old William Mulholland (Los Angeles aqueduct builder) dream of diverting the Columbia River at Umatilla, OR and deliver it to southern California was under consideration not too long ago..

  3. Pingback: Peak Food and Peak Water by Shepherd Bliss « Dandelion Salad

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