Nestlé is extracting water from Canadian towns on expired permits(news.vice.com)
news.vice.com
Nestlé is extracting water from Canadian towns on expired permits
https://news.vice.com/story/nestle-is-extracting-water-from-canadian-towns-on-expired-permits
4 comments
If I could get that price I would buy a billion liters right now.
hedging water. the next get rich scheme
/ Wish the upvote, can stop this from happening.
The popular assumption that future wars will be fought over water is overblown when you consider water prices like this. I couldn't understand why the government was basically giving the water away, so I was happy to see the price increase to $503.71 per 1 million litres. Although the article says it still costs more than that to manage the ground water.
As of August of 2016, in B.C., the price for 1 million litres of water was $2.25 -- which is ridiculous. Hopefully that price will go up as well.