New water management technologies are the key to managing water
scarcity. Buffet’s investment in Nalco, which had $3.7 billion in sales
in 2009, is one example. The company helps its industrial customers
reduce water and energy use. For example, it claims it 3D TRASAR®
cooling water technology has saved more than 200 billion gallons of
water. Nalco is also teaming up with organizations like the World
Wildlife Fund to help develop ways to conserve water. The company’s
stock price has doubled over the past year.
Water quality is indeed a concern in the U.S. and around the world as well. The New York Times recently ran a series called “Toxic Waters” that exposed the worsening pollution in U.S. water systems and lax regulatory responses – despite the Clean Water Act, which helps regulate 100 pollutants. The fact remains that most of the pipes in the U.S. are over 100 years old; the American Water Works Association (AWWA) estimates that domestic water utilities will need to invest $330 billion over the next 20 years to replace aging pipes and treatment plants.
The rest of the world faces even direr water problems. China has 21% of the world’s population but only 7% of the renewable water resources. The country’s spending on water infrastructure reached $250 billion in 2008. By some accounts, the lack of clean water and sanitation slows the world’s economic growth by $556 billion each year. .............. http://www.blackhawkpartners.com/Blog.aspx?id=43
Water quality is indeed a concern in the U.S. and around the world as well. The New York Times recently ran a series called “Toxic Waters” that exposed the worsening pollution in U.S. water systems and lax regulatory responses – despite the Clean Water Act, which helps regulate 100 pollutants. The fact remains that most of the pipes in the U.S. are over 100 years old; the American Water Works Association (AWWA) estimates that domestic water utilities will need to invest $330 billion over the next 20 years to replace aging pipes and treatment plants.
The rest of the world faces even direr water problems. China has 21% of the world’s population but only 7% of the renewable water resources. The country’s spending on water infrastructure reached $250 billion in 2008. By some accounts, the lack of clean water and sanitation slows the world’s economic growth by $556 billion each year. .............. http://www.blackhawkpartners.com/Blog.aspx?id=43
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