Archive for category: Water
Water at critically low levels across Turkey after lack of rainfall leads to most severe drought in a decade
Major cities across Turkey face running out of water in the next few months , with warnings Istanbul has less than 45 days of water left.
Poor rainfall has led to the country’s most severe drought in a decade and put the megacity of 17m people close to running out of water, according to Turkey’s chamber of chemical engineers. The Ankara mayor, Mansur Yavaş, said earlier this month the capital had another 110 days’ worth in dams and reservoirs.
Bloomberg reported on Sunday that California water futures are now officially on the Wall Street markets, with the United States–based CME Group heading up the 2021 contracts connected to the state’s billion-dollar water market. The “commodity” was most recently going for $496 per acre-foot with the main purchasers of the futures—which were first announced by CME in September—expected to be large-scale water consumers, chiefly utility companies and the states’ Big Ag corporations. (California is home to the largest agriculture market in the nation.) “Climate change, droughts, population growth, and pollution are likely to make water scarcity issues and pricing a hot topic for years to come,”…
The post Wall Street Vultures Are Ready To Get Rich From Water Scarcity appeared first on PopularResistance.Org.
More than 317,000 households serving an estimated 800,000 Michiganders throughout Michigan are known to be behind on their water bills and could face water shutoffs, according to new data (XLS) compiled by the Natural Resources Defense Council (NRDC) in collaboration with the People’s Water Board Coalition (PWBC)
“Let us . . . demand that Congress finally make the necessary investments in clean water for all Americans”