Three ways to invest in water’s future
Posted by: Maven on August 29, 2009 at 8:04 amFrom the MoneyShow.com:
“In a warming world, the potential for disruption of historic weather patterns is likely to make water the new oil. Here’s how to play it.
Driving through the fields of southern Spain last week, I looked out the right-side window and saw nothing but burnt brown earth and olive trees. Out the left-side window, the fields were a vivid green. The difference was irrigation. Spiders of pipe crawled across those green fields, spraying water on the crops.
No wonder that in Washington Irving’s history of Granada’s Alhambra, it is the bringing of water that is so often the mark of a great king. Alhamar “introduced abundant streams of water into the city, erecting baths and fountains, and constructing aqueducts and canals to irrigate and fertilize the Vega. By these means, prosperity and abundance prevailed in this beautiful city, its gates were thronged with commerce, and its warehouses filled with luxuries and merchandise of every clime and country.”
And what happens to rulers who don’t bring water? …”
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