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Your analysis to too limited. World wild it is water and oil that are the limiting factors on human kind. In So Cal we are attempting desalination at a cost that is 500% of the current price or water, and about equal to its true marginal costs. The water wars were fought in the old west and they are raging again between the stupid government agencies that allocate water (badly) and the developers who cheat (wildly). Yes, we are in deep problems with water in all respects. Good post, but a little behind the curve.
Aug 20 18:39 pm
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All Comments by whidbey »China: Case Study for Global Water ETF [View article]