Wall Street has begun trading water as a commodity, like gold or oil. The country’s first water market launched on the Chicago Mercantile Exchange this week with $1.1 billion in contracts tied to water prices in California, Bloomberg News reported. The market allows farmers, hedge funds, and municipalities to hedge Read More ...
How big business ignored the water restrictions and got away with it As dam levels dropped dramatically at the end of 2017 and Cape Town faced the threat of Day Zero, households were forced to pull out all the stops to save water. But Coca-Cola and other industrial users were Read More ...
Health agencies and officials have made it clear that running water is essential to preventing the spread of the Coronavirus. But before mid March, millions of Americans with unpaid water bills and no running water were left wondering how to protect themselves against the virus. Though it took a global Read More ...
Last February, the Government of Switzerland announced the creation of a Foundation in Geneva, under the name ‘Geneva Science and Diplomacy Anticipator’ (GSDA). The purpose of this new foundation is to regulate new technologies, from drones and automatic cars to genetic engineering, which are examples mentioned by the Swiss Foreign Read More ...
Some 500 people marched Wednesday in the Salvadoran capital to demand that lawmakers move immediately to approve a long-stalled constitutional measure making access to water a human right. The march, from the University of El Salvador (UES) to the seat of congress, came in response to an agreement reached Monday Read More ...
Metro Manila’s supposed water crisis is one that is not caused by lack of supply and new water sources, or as some would argue, by lack of foresight and preparations by regulators and Manila Water. Rather, it is caused by lack of effective state control over water resources after government Read More ...
Access to safe water and sanitation has long been internationally recognised as a basic human right, essential for life. But when water becomes a marketable commodity rather than a public good, it is inevitable that human rights are undermined. End Water Poverty has consistently highlighted the importance of accountability to Read More ...
Baltimore Poised to Become First U.S. City to Amend its Charter to Prohibit Leases and Sales of its Water and Sewer System. Today, the Baltimore City Council, led by Council President Bernard “Jack” Young, made history by unanimously voting to amend the City Charter to declare the sewer system and Read More ...