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.