Just call it Liquid Gold or Blue Gold
from now on...
Public fountains are dry in Barcelona, Spain. Cyprus will ferry
water from Greece this summer. Australian cities are buying
water from farmers and building desalination plants. 18 million
southern Californians are bracing for their first
water-rationing in years.
Dow Chemical Chairman Andrew Liveris told the World Economic
Forum in February that water “is the oil of this century.”
Developed nations have taken cheap, abundant fresh water for
granted. Now global population growth, pollution, and climate
change are shaping a new view of water.
Global water markets, including drinking water distribution,
management, waste treatment, and agriculture are a nearly $500
billion market and growing fast. Governments pushing to
privatize costly public water systems are colliding with a
global “water is a human right” movement.
Will “peak water” displace “peak oil” as the central resource
question? Some foresee exactly that scenario.
Oil is not the only precious resource
being squandered by consumers, with bottled water 2500 times
more expensive than the tap variety. We are spending absurd
amounts of money for bottled water. Here is the REAL cost of
Science Monitor May 29, 2008