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Water Crisis

By: Andreea Turc
1. Water: Hottest commodity to invest in Date: November 21, 2007
This article portrays water as a commodity which every person needs. Right now there are over 80 countries facing water shortages. By 2020 an addition of two billion people are expected to be added to our population which would require 20 percent more water to ensure water for them. The global demand for water exceeds the water supply by 17 percent and with a growing population a water crisis is imminent. Today 40 percent of the global population does not have access to clean drinking water. In China one billion people do not have access alone to safe drinking water. Investing in PowerShares Water Resources Portfolio is a very safe and smart way to invest in water.

2. Should we sell our water to the U.S.? Date: November 28, 2007
Canada is the richest country when it comes to natural resources. Canada has oil sands and the largest share in the world of fresh water. Neighboring countries such as the United States would like to purchase our water. Water itself is not listed as a commodity but the USA argues that it is a right they are willing to pay for. Canada selling its water is a hot topic because there are so many different viewpoints. Canada sells its oil so is selling our water any different? Everybody has a different answer.

3. Water Crisis Date: February 1, 2008
The Key to survival is in our hands but with the global population doubling at sky rocketing rates and with increasing industrialization and urbanization we are putting tremendous stress on the water cycle. Water is the essence of life. Water is a molecule that consists of two hydrogen atoms and one oxygen atom also known as H2O. We as humans require water for our survival because the human body is made up of sixty percent water and therefore water our daily food intake is required to keep our body hydrated so it can function properly. Water is also the key ingredient of survival for plants and animals. The main use of water is in our daily diet but water is so much more than that, water is also used for sanitation purposes, generating power and many more. In this video certain words and phrases such as global warming, global drought, exploding population, thirsty planet, more mouths less water, one percent fresh water, everybody wants more, what can we do? Polluting water we need it for our survival are all used to help the inhabitants of this planet realize the importance of water.


4. Water crisis to be biggest world risk Date: June 5, 2008
This article presents the possible catastrophe that could be awaiting the world if water levels continue to drop. A shortage would result in skyrocketing food prices and energy shortages. Lord Stern, the World Bank's former chief economist believes “Water is not a renewable resource. People have been mining it without restraint because it has not been priced properly," Lord Stern goes on to explain how water is required for agriculture and without it we are in big trouble. Just like oil water has the possibility to run out and there are no alternatives for it. In the future water will be the most valuable commodity. A Goldman Sachs report said that water is the "petroleum for the next century."
5. Water 'more important than oil' businesses told Date: February 29, 2009
The business world has stated that water is a much more valuable resource than oil. With a water shortage there would be no stability on the financial markets resulting in perhaps a future economic depression. "It is increasingly clear that the era of cheap and easy access to water is ending, posing a potentially greater threat to businesses than the loss of any other natural resource, including fossil fuel resources.” The financial advice given to future investors is to invest in water while it is still largely accessible.

6. Water scarcity 'now bigger threat than financial crisis' Date: March 15, 2009
This article describes the financial meaning of "water bankruptcy" with no bailout available. The World Water Forum is expecting that the world will face a big water crisis in twenty years. The financial crisis of today is also referred to the water “bubble” crisis, water is known as a renewable resource but it may run out in the future. According to this article it is believed that water will "start to emerge as a headline geopolitical issue." The use of water is being threatened by increased use of the population, the population is growing but the quantity remains the same.

7. Water: The Ultimate Commodity Date: July 9, 2009
When looking upon planet Earth it is mostly blue meaning 70 percent of the planet is just water. Water does cover more than half of the planet but out of the 70 percent of water 97 percent is salt water which is unfit for humans. Salt water is unfit for agriculture and industrial use. Industrialization and pollution are brining use close to a water shortage. Future and present investors should invest in water but any investor should have a diversified portfolio and not put all their money towards one thing.



8.The Ten Biggest American Cities That Are Running Out Of Water Date: Octobre 29, 2010

America is facing a water shortage. Some of the biggest cities in the world such as Phonies, Huston and Los Angles were built in a desert like climate and these areas have been experiencing water shortages for decades or even centuries. Due to industrialization cities such as these have been connected to massive pipelines which bring water from Canada and other states which help keep these big cities supplied with water. This may seem like a good alternative but it is not because water is beginning to disappear. These cities have becoming the fastest growing cities in the United States and this is adding extra stress to the water shortage.


9. The Water Crisis Date: 2010
This article presents the harsh reality of the water crisis the world is entering. At least 1.1 billion people in the world lack safe drinking water and over 3900 children die every day from water borne diseases. Not only is the world facing a shortage of safe drinking water but the water cycle is starting to face disruptions and the water is beginning to become very polluted. There are solutions to saving our water. This article presents several solutions to the crisis such as saving water resources, improving the drinking water supply through making wise decisions and improving transboundary cooperation.

10.Date: 2010
This brochure by the United Nations Education and Cooperation Organization provides a complete overview of the water shortages around the world. Due to modern technology cities like Los Angles can exist in the desert and not seem to have a water shortage due to major pipelines providing them with water. Pipelines are a great way of getting water to people in places that need it but it is also causing instability in the water cycle resulting to extreme droughts and/or flooding. An overview of the high population growth rate and its effect on the water system is also presented in this brochure. Global change is unstoppable but we must limit it in order to assure our survival as there is too much strain being placed on our planet to provide us with our basic need water. There are many organizations such as the Intergovernmental Panel on Climate Change (IPCC) which is a panel documenting change and its impact on the environment. The International Hydrological Programme’s is an organization which reacts and tries to come up with solutions when it comes to saving our water.

11. Bottled water: A river of money Date: February 15, 2011
Getting the water can account for as a whole economic sector. Delivering the water accounts for another sector on the economic market and bottled water falls under this concept. Americans account for 38 billion water bottles ending up in landfills. Plastics are very hard for the environment to decompose therefore they add to the destruction of the environment.


12.Global cities to experience water shortage by 2050 – study Date: April 5, 2011

In this article it is believed that by 2050 three billion people will be living on a very short supply of water. The shortages are expected to affect every megacity on every continent. The cities that would most be affected by the shortage are New Delhi, Bombay, Madras, Bangalore, Hyderabad, and Calcutta in India; Mexico City in Mexico; Lagos in Nigeria; Tehran in Iran; Manila in the Philippines; Cotonou in Benin; Johannesburg in South Africa; Beijing and Shenyang in China; Abidjan in Ivory Coast; Caracas in Venezuela; Abu Dhabi in the United Arab Emirates; Lahore in Pakistan; Riyadh in Saudi Arabia; and Jerusalem in Israel. Climate change is believed to be a huge contributor to the predicted water shortage. Mr. McDonald states that governments should implement policies that will reduce consumption on water usage by certain industries such as the agriculture industry.

Andreea Turc's Views



The necessity for every living thing on this planet is water. Water is found in three states: liquid, solid or gas. Without water humans would not be alive and every other living thing in this world would also not be able to survive, we are all in inter-connected on this planet.



I have chose to do my page on the subject of water and the upcoming water shortage the world may face in the upcoming century. This is an issue we cannot run away from, this is an issue with no alternative if we contaminate or run out of water. We as humans can all have a part in assuring the future survival of our species if we all start to consume less water and be more careful with the ways we consume it and how much we consume. I believe that we can spread a message to multination and global corporations to stop polluting our environment. Pollution in the air may not seem like it would affect our water supply but we must remember that air is made up of water vapors which go through theWater Cycle.
I see the topic of water as a resource that is scarce but is a right to every human being. Water has existed since the world started and therefore should exist and be accessible to everybody until the end. I find that water is not yet listed as a commodity because of its liquid state and abundance rather it is listed as property of the country upon which it is found on. Water in the upcoming century will be a very delicate topic as it falls under many categories such as economic, resource, political, environmental and social. Oil is also known as essential for our daily activities but it is not essential to sustain our existence and as oil is running on short supply we can already see the implications foreign countries have in countries where fossil fuels exist i.e. America in Iraq. The subject of water has great interest to me because water is the future gold and oil commodity.


Evolution

The topic of a water shortage began in the 20th century when we realized that the growth rate of the population is exceeding the carrying capacity of our planet and it is putting tremendous strain on our water supply. Since 2007 the issue of a water Crisis has only gotten worse because our population is continuing to grow and pollution and global warming are continuing to damage our environment. Since the past four years more attention has been brought to the subject of being aware of what we do with our water.


Interconnected Web

On the topic of water all five topics are touched on.

Economic: Water will become a ‘hot’ stock on the world market. Water is the future oil. The definition of economics refers to the decisions that are made regarding scarce resources to fulfill unlimited wants. Water falls perfectly under this category. Water is not a psychological want it is a physical need.

Resource: Is water a commodity or a right? A commodity is something that can be bought and sold but is the essence of life purchasable. Water is in short supply and it falls under the category of a scarce resource resulting in competition with other countries to obtain this resource.

Political: Who does water belong to? Water has no boundaries only upon the land it is found on. So does that allow any country to set up a pipeline connected to the water which lies on a certain piece of land right? Many future arguments on this topic regarding which country owns how much water will arise in the future.

Social: Many green peace activists and world leaders believe water is a human right and therefore should not be auctioned off on the stock exchange markets.

Environmental: Pollution and the activities of daily factories are creating a lot of pollution which is not only damaging the environment and is causing global warming but the pollution in the air is contaminating our water supply system.