Friday, February 09, 2007

WW - World War or Water War??!!!!

Did you know

- that more than a billion people have no access to safe drinking water?? (if that doesnt hit you then this will - every sixth human being doesnt have access to safe drinking water - imagine the whole of India not having water!!!)
- than in India only 30% of total cultivated land is irrigated??
- that India has only 4% of world's fresh water resources to support 16% of world's population???
- that by 2050 it is expected that Tibet plateau is expected to lose one third of its glaciers??...(remember is a big source of rivers for China and India!!)
- that some of the biggest lakes in the world like Victoria in Africa or Qinghai in China are shrinking or getting contaminated beyond repair??
- that demand for fresh water has tripled over the last 5 decades!!!

We can go on and on and on about this...the numbers are scary to say the least.Not oil, not copper, not zinc and not any other commodity, but water will probably lead to a lot of strife in the world.

Its not India alone. China, USA...well pretty much across the globe with no exceptions at all.Major rivers,including Nile in Egypt, Ganges in India, Yellow river in China, across the world are carrying lesser and lesser water.Fisheries have getting depleted at an alarming rate because the sea water is turning too salty for them as rivers increasingly fail to unload water into the oceans.
More and more water is now being diverted from irrigation to the growing urban population, leading to two consequences. One being the lower productivity of the land and secondly, disenchantment with agriculture as an economic activity since returns are too low to sustain living. Global warming is not helping the water cause with erratic and at times, extreme in nature, kind of rainfall.

In the increasingly tricky global geopolitical scenario, water will add a dimension like none other.The fight for water has the potential to escalate to a scale never seen in the history of mankind.

Can you imagine:
- China choking off Brahmaputra before it reaches India??
- Higher security around Lake Superior than around the White House??

Dont know if these are just hallucinations or the upcoming reality? But as an investor, optimism has to be in your DNA.

So how about large scale desalination plants doting the landscape across all the beaches in the world!!!!hmmmmmmm..........