The most valued good in the future shall be water due to scarcity and increase demand. Do we then need a WPEC (Organization for Water Producing Economic Countries). The water available for consumption globally is about 38 cubic Meter per day per capita, out of which about two third is lost between evaporation or flows back to oceans. The amount of Blue Water (available for water is supply) is about 5.2 cubic Meter per day per capita, which is also oddly distributed over the world’s population. With the global warming and other environmental changes do you think that countries with rich sources of fresh water shall create an organization for water producing countries? and shall water prices tadable like oil? If this is the case, will there be a rush to control the North Pole and South Pole fresh sources of water? and what shall happen to the urban poor populations and Third World Countries that lies in water stress zones?.
Some of above issues needs a debate…I look forward to your comments
NED
