Commodity Trade Mantra

Posts Tagged ‘Bottled Water’

  • Water | August 26, 2015
Why Water Is More Important To Iran’s Future Than Oil

It’s the water that will determine Iran’s future, and not it’s oil and gas. What’s worse, the current drought, which stretches back more than two decades, shows no signs of letting up. The World Resources Institute projects a 20 percent decrease in water supply across much of Iran toward 2040. Conversely, it sees demand rising by as much as 70 percent in that time.

Clean Water, Scarcity, and Market Prices

When we fail to understand the basics of scarcity & prices, we are left with current & dominant view of water in which everyone owns it & action to maintain it can only be undertaken communally. Why is it that we have too much dirty water in one place, not enough in another & yet be surrounded by an abundance of bottled water?

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