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Water can be treated as a market asset and companies will pump as much as they can depleting the supply for everyone else in the region (this is already the cas
by gldalmaso 9y ago
Water can be treated as a market asset and companies will pump as much as they can depleting the supply for everyone else in the region (this is already the case some places).
In order for it to work out there needs to be a ton of regulations in that market, but once the market is set, they will just lobby it for decades until regulations are essentially gone.
People like the CEO say that it should have market value, because they are the ones that can only see value in markets. The rest of the world does not need to but a price tag in something to see value in it. Also, habitats all around include millions of plants and animals without a dime to spend, a water market will see no value in catering to them, we should just trust these companies with abysmal track record to ensure habitats are maintained?