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Could Cadiz quench Southern California’s thirst?

Posted by: Maven on December 1, 2009 at 5:53 am

From SmartMoney.com:

“Beyond energy or the quality of the environment, the most important condition for sustaining life is the presence of water. We simply can’t survive without it, and demand for it is rising.

Over the past 100 years, Earth’s population has tripled and water requirements have skyrocketed. You can swap natural gas for oil or solar panels for electricity, but when it comes to water, there is no known substitute.

In recent years, several mutual funds have launched to tap into the investment demand for water, including Claymore S&P Global Water (CGW: 18.17, +0.07, +0.38%), PowerShares Water Resources (PHO: 16.30*, +0.24, +1.49%), Calvert Global Water (CFWAX) and Kinetics Water Infrastructure No Load (KWINX), among others. Most own engineering, desalinization and other industrial companies. … “

Read more from SmartMoney.com by clicking here.

December 1, 2009 · Filed Under Southern California

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