Water will be a more valuable commodity than oil
It’s only a matter of time before water becomes a traded commodity like oil, gold and silver. When demand exceeds supply, business steps up to find a way to meet that demand. But to do so it will faces massive costs. As a result the market will have to set a price for life’s most precious commodity.
According to the UN 40% of the world’s population will be living with water scarcity by 2035. Population growth, increased agriculture and industrialisation will propel the world’s need for fresh, clean water to 55% higher than today’s supply levels by 2050.
In an attempt to stem increasing demand, governments are preventing industries using underground sourcing. They’re forced to invest in desalination or waste water recycling plants to meet needs.
More details : Water will be a more valuable commodity than oil
Population enlargement; industrial pollution and escalating agricultural demands all are increasing the demands of safe water in the present day around the world. On the other hand, due to excessive pollutions around the world; safe and clean water is becoming more valuable in the present days. And it is no longer very far when water will be highly traded commodity like gold or silver. And it will be more valuables than other traded commodities.
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