I recently returned from a place that comes just short of this ultimate alchemy -- Israel, a small strip of desert with no water or oil. Not an ideal place to build an agricultural oasis. But that is exactly what the Israeli water conservationists have accomplished.
Conservation measures such as reducing the amount of potable water wasted on turf grass is a great start. Stormwater capture is another viable supply option we can explore that has positive environmental effects.
If there is a single issue for the international community to agree on as an incontrovertible requirement for world peace, it may be this one: equitable and sustainable water practice and distribution regardless of other necessities and needs.
In a new report issued today, the Pacific Institute released the results of a year-long analysis of the complex and controversial costs of seawater desalination. The conclusion? It is still really expensive, especially compared to alternatives.
Desalination plants are usually last resorts for arid places that have little choice. Yet United Water New York has chosen Rockland, NY as a test case for building its first big desalination plant in the northeastern U.S.
Within a few years, the quest for fresh water may supplant global anxiety about energy supplies. Prudent investors should be on the lookout for breakthrough technologies in water conservation and desalination.