Future of Engineering
Monday, February 25, 2008
How water is becoming the next coveted commodity
Traditionally, water bills have been ridiculously low in Canada, representing a fraction of a family's monthly expenses. But as municipalities struggle to fix crumbling pipes and waste-water facilities, cheap water is becoming a thing of the past.
For consumers, that means another assault on the pocketbook. For engineering firms and investors, it's a brave new world of opportunities, from reconstructing old treatment systems to construction of new residential subdivisions & desalination plants.
The UN estimates that 1.1 billion people lack access to potable water and that by 2050 that figure will double to more than two billion. Add climate change to the mix and the predictions of water shortage become more dire.
Full story here
For consumers, that means another assault on the pocketbook. For engineering firms and investors, it's a brave new world of opportunities, from reconstructing old treatment systems to construction of new residential subdivisions & desalination plants.
The UN estimates that 1.1 billion people lack access to potable water and that by 2050 that figure will double to more than two billion. Add climate change to the mix and the predictions of water shortage become more dire.
Full story here
Labels: Energy-Environment-Engineering, Society
PermaLink - How water is becoming the next coveted commodity posted by Ecacofonix : 3:55 AM
