Tom;

Remember the old adage whiskey is for drinking, water for fighting about?

Governments largely control access to water in the US. They charge some customers a service fee for delivering that water via municipal infrastructure, charge some others for general access. To my knowledge no government has ever restricted water draw to sustainable levels (defined as keeps the water table and / or river flow in balance) and then charged a market price to those who want the water.

On Mar 31, 2008, at 9:21 AM, Tom Piwowar wrote:
If you don't think (fresh) water is a scarce resource I really don't
know what to say. The US water table is steadily dropping due to over
use from inefficient agriculture and domestic use made possible by
governments not charging what the water is worth.

You contradict yourself. You claim it is scarce and then describe how it is so cheap that it is wasted. Anything scarce is going to be expensive.
The market is currently clearing at that price. That is the price. Not
expensive.

You then use that as a lead in to an assertion that water is being sold
cheap. That is step one to a corportae-induced price run up. This is
already happening in Brazil where water sources are being bought by large
US corporations and then being shut down.

My reply to your post is Q.E.D.


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