Re:Wall Street Begins Trading Water Futures as a Commodity
by wurstfinger on Thursday December 10, 2020 @06:28AM
(#25372513)
Funny you should choose Ghana as an example. They have actually overbuilt their power generating capacity in recent years and are looking for ways to fruitfully soak up the excess electricity (e.g. electric vehicles https://cleantechnica.com/2020/07/20/ghana-pushes-for-adopti...)
Re:Wall Street Begins Trading Water Futures as a Commodity
by christophilus on Thursday December 10, 2020 @05:25AM
(#25372080)
> Noone is going to show up to a village in the middle of Ghana and install solar panels for free so they can have water.
There are plenty of organizations who will do exactly that. But I think I agree with the general slant of your comment, which is that much of the world will have to rely on the charity of the developed world to solve this problem for them. That charity is not guaranteed to be timely, effective, or predictable.
Re:Wall Street Begins Trading Water Futures as a Commodity
by perched_robin on Thursday December 10, 2020 @05:20AM
(#25372047)
Aren't there charities doing literally that?
Re:Wall Street Begins Trading Water Futures as a Commodity
by chordalkeyboard on Thursday December 10, 2020 @06:01AM
(#25372364)
Yes, the website hasn't been updated but these guys are constructing a well in Kenya this year.
Effectively free? For a first world country, maybe. But the countries where water shortages are an actual life or death situation already have trouble getting a good enough power grid. Noone is going to show up to a village in the middle of Ghana and install solar panels for free so they can have water. This is a horribly first-world centric point of view.