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Article Series: Global Warming
Global Warming & Climate Change -
What Do I Need To Know?
Water
Wars: The Bigger Commodity Over Oil
We
hear a lot about wars being fought over oil, but what you
don't hear about is that water is quickly
becoming a bigger commodity over oil. How can this be so? We
have all probably heard about wars over oil, but did you know
that many researchers believe that the real threat in the future
will be wars over water? Many experts believe that water is
gradually becoming a bigger commodity over oil. Why is this
so? Here is a brief overview over why water will soon eclipse
oil as the most sought-after commodity.
Water, clean, potable drinking water, is poised to become
one of the most sought-after commodities in the future. Researchers
have found that the emerging money trail has pointed to the
trend of water becoming a valuable commodity. For instance,
many of the world's biggest companies and leading
investors have been recently investing big money on water. Why is this
so? With a little research it becomes clear why so many leading
companies and investors around the world on investing in water—there
simply is not enough good clean freshwater to go around. And
unfortunately for the rest of us, it appears that water will
indeed be treated like a valuable commodity in the near future.
A recent news report put out by Bloomberg News has shown that
the world will probably experience a scarcity of available
freshwater in the future, and the effects of not enough freshwater
are already evident in certain parts of the world. According
to the Bloomberg world water index, water has become one of
the most profitable utilities in recent years. The Bloomberg
water index has tracked eleven utility stocks and has found
that water stocks have returned roughly 35 percent to investors
each year since 2003. Compare this to oil and gas, which have
only returned 29 percent and 10 percent respectively. Indeed,
water has already become a profitable utility. Water stock
investments have become very profitable, which is proof that
water is increasingly becoming a very profitable commodity.
Many unscrupulous investors are trying to find out how to invest
in water stocks so they can profit from the onset of the global
climate change crisis, where water is poised to be a much sought-after
commodity. According to financial analysts, water prices are
climbing and they are not projected to drop any time soon.
Water funds have grown in value and their value is only growing
with the passage of time.
Why is water becoming such a hot commodity, even hotter than
oil? Because water, especially freshwater, is increasingly
becoming more and more scarce. It is estimated by the United
Nations that more than 48 countries around the world
will lack a sufficient amount of water by the year 2050. That means that
over two billion people will not have access to enough freshwater
to thrive or even survive. As scientists point out, most of
the earth, roughly 97 to 98 percent of it, is covered in saltwater.
Saltwater is simply not potable. So where do we get our freshwater
from?
Freshwater sources come from the frozen polar ice caps and
glaciers. Other sources of freshwater include lakes, groundwater,
and rivers. However, global warming is gradually taking hold
of freshwater sources, most notably the polar ice caps and
glaciers. As the global climate continues to change, the polar
ice caps and glaciers will continue to melt and become unusable.
This is because much of our freshwater sources will begin to
melt and mix with salt water, making our freshwater sources
too salty to for human consumption. Another reason that global
warming will turn freshwater into our most sought-after commodity
is that the melting of the polar ice caps and glaciers will
cause sea levels to rise, which means that the rest of our
freshwater sources will become contaminated.
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SolveYourProblem.com
: 2007
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