Wednesday, March 19, 2008

Investors warm to water as shortages mount

Two from Reuters:

As liquidity is drained from credit and money markets and pours into oil and gold, another asset class that could offer long-term returns to the discerning investor is water.

Water shortages are on the rise -- stemming from soaring demand, growing populations, rising living standards and changing diets. A lack of supply is compounded by pollution and climate change.

Investors are mobilizing funds to buy the assets that control water and improve supplies, especially in developing countries such as China where urban populations are booming, further tightening supply....MUCH MORE

The big dog is Veolia, see the next post.


Scientist who invented "virtual water" wins prize