Tag Archives: Water

Water is obviously a vital resource.  Is it too vital for markets to handle its pricing?   In Texas, Allan Ritter, a Republican and chairman of the House Natural Resources Committee, proposed bills that would withdraw $2 billion from the state’s Rainy Day Fund to establish a water infrastructure bank that would lend money for  Continue Reading »

Peru has the largest mass of tropical glaciers in the world, mostly part of the Cordillera Blanca. Studies have indicated that the glacier mass has shrunk 20-30 percent since 1970 and is currently decreasing by 3 percent per year and the decline is accelerating.   Most importantly, the Santa River which receives water from the  Continue Reading »

When Beijing officials took a closer look at the economic costs of environmental damage in China, they were surprised to learn that such degradation was lowering the country’s overall GDP anywhere from 3 to 10 percent annually.   That realization spurred action, and now China is the world’s leading practitioner of what is called the  Continue Reading »