03-12-2008
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#117 (permalink)
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Creating
Location:
North of Sydney Australia
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Re: Water: Where will it come from in 2050?
Quote:
The right to use water will soon follow in the footsteps of carbon emissions and become a commodity, like the right to pollute, that industry will have to pay for, executives have warned.
. . .
Neil Eckert, chief executive of Climate Exchange, the carbon trading system, believes a cap-and-trade system like the one Europe has established to regulate CO2 emissions could be a solution. "If there is not enough of something, you ration it. Once you ration it, you create a secondary market, and it starts to be traded," he said.
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Last year, Coca-Cola made a public pledge to cut its water usage in response to harsh criticism amid a drought in Atlanta
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Water Is the Next Commodified Resource | Water | AlterNet
Coca Cola is also embroiled in a court case in Gosford NSW Australia about ripping off underground water.
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"Unemployment is capitalism's way of getting you to plant a garden."
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