A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
This article discusses how, as conditions of water scarcity and stress continue to develop in more and more regions around the world, water prices will continue to rapidly increase. This discussion presents related trends in Australia and the western United States, and notes that the conditions are in place for this or a similar trend to occur in many other parts of the world. As price rises, there will be more and more incentive for improved utilization of water, increased recycling, and increased reuse of water as well as more focus on wiser allocation of water among competing uses. As water's value is increasingly recognized and as its price continues to increase, water seems likely to evolve into a new financial asset class as well – an increasingly attractive opportunity to invest in.
This article discusses how, as conditions of water scarcity and stress continue to develop in more and more regions around the world, water prices will continue to rapidly increase. This discussion presents related trends in Australia and the western United States, and notes that the conditions are in place for this or a similar trend to occur in many other parts of the world. As price rises, there will be more and more incentive for improved utilization of water, increased recycling, and increased reuse of water as well as more focus on wiser allocation of water among competing uses. As water's value is increasingly recognized and as its price continues to increase, water seems likely to evolve into a new financial asset class as well – an increasingly attractive opportunity to invest in.
Historical Water Price Trends
Maxwell, Steve (author)
Journal ‐ American Water Works Association ; 102 ; 24-28
2010-04-01
4 pages
Article (Journal)
Electronic Resource
English
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