Did it ever occur to you that by not pricing out poor, upstream farmers that hundreds of millions of poor Chinese workers will die of thirst?

I think its perfectly reasonable to value a scare resource at a market rate. If the rate is too high to be tolerable then the government has an incentive to invest in water infrastructure. And people have an incentive to move where resources are under less strain.

Or we could just rape the environment for short term gain. It seems to be everyone's solution on every side.