Reply #50: CBC did some in depth reporting on Water Privatization [View All]

Some very alarming information there.


http://www.cbc.ca/news/features/water/
snip:

In the past ten years, three giant global corporations have quietly assumed control over the water supplied to almost 300 million people in every continent of the world. A 12-month investigation by journalists in Canada, the U.S., Europe, Asia and Latin America shows that the results range from questionable to disastrous. And it shows how well-meaning municipal governments in the U.S. and Canada can become vulnerable to the persuasive techniques of these high-powered corporate giants.


http://www.cbc.ca/news/features/water/business.html
snip:

The water business has gone from being seen as a low-return utility, to a source of "blue gold."

Peter Spillett, a senior executive with Thames Water, calls water the petroleum of the 21st century.

"There's huge growth potential," he says. "There will be world wars fought over water in the future. It's a limited, precious resource, so the growth market is always going to be there."