Why is the commodification of water bad?
Separation of water from land to allow water commodification also results in environmental degradation, according to experts. This leads to deregulation of water trading rights between users for different kinds of uses.
Should water be commodified and sold by private industry?
* Water is a fundamental human right and a public trust to be guarded by all levels of governments. Therefore it should not be commodified, privatized or traded for commercial purposes. These rights must be enshrined at all levels of government.
How did water become commodified?
The commodification of water refers to the process of transforming water, especially freshwater, from a public good into a tradable commodity also known as an economic good. This transformation introduces water to previously unencumbered market forces in the hope of being managed more efficiently as a resource.
How can I invest money in water?
There are multiple ways to invest in water. You can buy shares of companies that produce water-related equipment, such as pumps, meters and filters, invest in water utilities and environmental companies that clean, purify or distribute water.
Is water more valuable than gold?
Something that many might take for granted is becoming highly coveted: water. In fact, water has become more precious than gold. Over the past 10 years the S&P 500 Global Water index has outperformed the bellwether gold and energy indices. In fact, water outperformed the stock market in the same period.
Is water a fungible good?
More generally, transportable bulk water resources render water a ‘fungible’ global commodity like oil or gas. Water rights turn rivers, lakes and sources of groundwater into exchangeable and marketable private property.
Should water be commoditized?
Water is arguably the most important commodity on Earth. As important as crops, metals and energy are to the planet, none of them matter without water. Every agricultural crop that feeds the planet needs it to grow. Farmers couldn’t raise chickens, cows, pigs, or any livestock without massive quantities of it.
Why is water the new gold?
The demand for bottled water has shown in the past that consumers in developed countries are willing to view clean water as a commodity. According to some industry experts, increased trading in water could see it become the new gold – the basis for world markets.
Is water commodity in USA?
Water has joined gold, oil and other commodities that are traded on Wall Street, as worries about the uncertainty of its availability in the future rises.
Should I invest in water?
Water is a vital resource with a finite supply, making it a valuable commodity used throughout the economy. Investors can attempt to capitalize on the growing trends in water renewal, conservation, treatment, and purification, by investing in water-related companies or index funds that invest in them.