Wall Street's thirst for water: a market for water will drive up food prices

Re:Wall Street's thirst for water: a market for water will d... by debacle on Friday October 26, 2012 @09:43AM (#4702095)

Is it possible that if you create a capitalist market for water, poor countries without any coveted natural resources will never be able to pay enough for water?

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Re:Wall Street's thirst for water: a market for water will d... by fr0sty on Friday October 26, 2012 @09:47AM (#4702110)

Can you give some examples of countries that have no natural sources of fresh water that currenly benefit by importing water at "below market" prices?

Such places may exist but I am not aware of them.

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Re:Wall Street's thirst for water: a market for water will d... by jacques_chester on Friday October 26, 2012 @09:54AM (#4702142)

There won't be many.

Look at every major city in the world.

They are all reliant on a reliable, major water source.

Notice how many cities exist on rivers or near lakes? Not a coincidence.

There's other things that predict growth -- suitability for trade and the presence of a hinterland -- but water is the best predictor.

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Re:Wall Street's thirst for water: a market for water will d... by spindritf on Friday October 26, 2012 @09:47AM (#4702109)

How are they getting it now then? Who's subsidizing them?

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