(April 15, 2009, Reuters)
Water scarcity means big growth for companies that purify, transport, and distribute the world’s most essential resource, but a global recession that has halted new projects and put off price hikes means water investors will have to wait for the boom years.
Water, cheap and indispensable, has long been prized as a stable [...]
(March 22, 2009, Reuters)
If water is the new oil, is blue the new green?
Translation: if water is now the kind of precious commodity that oil became in the 20th century, should delivery of clean water be the same sort of powerful political force as the environmental movement in an age of climate change?
And, in another [...]
(Feb. 27, 2009, Reuters)
“The south has plenty of water and the north lacks it, so if possible why not borrow some?” China’s revolutionary communist leader Mao Zedong said in 1952.
That probably seemed a great idea at the time.
But it is causing pollution as well as discontent among farmers facing forced resettlement to make way for a mammoth construction to [...]
(Feb. 27, 2009, Reuters)
California Governor Arnold Schwarzenegger on Friday declared a state emergency due to drought and said he would consider mandatory water rationing in the face of nearly $3 billion in economic losses from below-normal rainfall this year.
As many as 95,000 agricultural jobs will be lost, communities will be devastated and some growers in [...]
(Feb. 18, 2009, Reuters)
Householders in England and Wales will face above-inflation increases in water bills this year, water regulator Ofwat said on Wednesday.
The regulator will allow water companies to impose average rises in household water and sewerage prices in 2009/10 of 1.1 per cent plus inflation at 3 per cent, it said in a statement.
The [...]
(Feb. 15, 2009, Reuters)
China, faced with widespread water shortages exacerbated by its worst drought in decades, aims to cut the amount of water it uses to produce each dollar of national income by 60 percent by 2020, state media said.
The target, unveiled by Water Resources Minister Chen Lei, underlines Beijing’s growing concern over chronic water [...]
(Jan. 20, 2009, BDNews24)
China is to embark on a water-diversion scheme it calls the most difficult in history, bringing water to nearly half a million people in drought-prone mountains of the southwest, state media said on Monday.
The “unthinkable” hydro scheme in the province of Guizhou would include a curved, 63-km (40-mile) canal and a [...]
