Planet Water: Investing in the World's Most Valuable Resource
Description: Planet Water: Investing in the World's Most Valuable Resource examines the challenges of global water scarcity and the investment opportunities related to managing and conserving freshwater resources. It highlights the growing imbalance between supply and demand worldwide
ISBN: 0470277408
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We should treat water the same way because water is a human right, a commodity, and a resource. This discussion is prominent in the early chapters of Planet Water (https://www.amazon.com/Planet-Water-Investing-Valuable-Resou...)
By mispricing the resource, we've gotten to where we are: 1) Massive inequality 2) Bottled water has become the default backup system to investing in rebuilding the tap water system 3) There is not enough investment to rebuild the tap water system. The paradox is best seen at an airport where a bottle of water is $5 in a single use plastic bottle (that lasts for 450 years) and the water fountain which is "free."
As a social capitalist, I believe "free" water is bad for the marketplace. I've written about this more here: https://drinktap.substack.com/p/tap-june-2020-update