Water will be a more valuable commodity than oil
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Demand issues mean that only big business can finance the improvements needed in water management and infrastructure to meet the world’s future supply needs
Water will become a traded commodity, like oil, gold and silver, it’s just a matter of time.
70% of earth may be covered by it, but less than 1% of it is readily available freshwater. This makes it a scarce resource.
It’s value to human life is unquestioned – oil, gold and silver we can live without – we die without it.
But to become a traded commodity it also needs to fulfil three criteria: standardised/interchangeable, tradeable and deliverable.
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