Water trading

For the first time since 2008, Australia’s government will sell some of its water allocations in the Murray-Darling Basin, making as much as 10 gigaliters available to irrigators, the Guardian reported. The decision has been applauded by drought-hit farmers, but members of the Greens political party worry that the sell-off could damage communities and environments […]

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Climate Change Despite some actions to improve ecosystem resiliency and guard against more severe weather, China remains largely unprepared to protect its people and infrastructure—such as energy and water supplies—from climate change, according to a report from the country’s National Development and Reform Commission, Reuters reported. The commission said public knowledge of climate threats and […]

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Water Storage A company in the United Kingdom is looking to use old mine quarries as basins for water pumping stations that could act as batteries storing renewable energy, Bloomberg News reported. Water pumped uphill from one basin to another by solar and wind power could later be released downhill to provide energy. Dam reservoirs […]

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A Bloomberg New Energy Finance report is the latest to predict severe water-related challenges for China’s coal-production sector. Sixty percent of China’s power plants are in the north, GigaOm reported, relying on only 20 percent of the country’s freshwater reserves. That spells trouble for power companies as they face financial losses from the Chinese government’s […]

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Storms spawned by Tropical Cyclone Oswald created “record turbidity levels” in Australia’s Brisbane River and forced the main water treatment plant for the city of Brisbane to close earlier this week, Bloomberg News reported. The plant is back online, but officials say water supplies for the metropolitan area remain tight. The legal case between Chevron […]

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A flawed water-trading system is choking the Murray-Darling, Australia’s largest river basin, and the new draft plan for the region will not solve the problems, according to a prominent Australian water expert. South Africa’s Cabinet will receive the long-awaited technical report on shale gas development in the country in July at the latest, according to […]

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Climate change is causing the global water cycle to accelerate and intensify faster than previously thought, with the possibility that it could intensify 16-24 percent by 2100, according to a new study published in the journal Science, Nature reported. This means that dry areas of the globe will become drier, while wet regions will likely […]

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After the 20-week public consultations ended last week, three key basin states have rejected the proposed plan, and more than 60 Australian academics have slammed the document for neglecting to include climate change projections and for its lack of transparency.

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New photos published on the Guardian reveal that early construction work for the controversial Belo Monte dam has already started in the Amazon, despite ongoing legal battles over environmental licenses. And there are already signs of deforestation. Australia’s water market has helped farmers and irrigators in the ailing Murray-Darling River Basin to weather drought and […]

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Droughts South-East England is officially in a state of drought, the Press Association reported, citing the Department for Environment, Food and Rural Affairs. The Guardian has mapped out the affected regions. As rivers and reservoirs in England and Wales are running low after two dry winters, water industry executives have again called for regulatory reforms […]

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Mexico’s worst drought in seven decades is battering farmland in almost 70 percent of the country and threatening to further cut corn production, Reuters reported. Down Under, floods have isolated hundreds of properties in northwestern New South Wales, according to ABC Australia. Oil and gas companies have purchased at least 500 million gallons of water […]

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A new method of hydraulic fracturing utilizes reusable liquid propane gas instead of water to release underground natural gas deposits, the Sydney Morning Herald reported. The technology, which is being developed in Canada, could have dramatic implications for water use in the burgeoning natural gas industry. United States Climate-related natural disasters have incurred $14 billion […]

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Are markets in water rights likely to evolve as a rising population leads to shortages and climate change disrupts patterns of rain and snowfall? Reuters highlights some of the major water trading schemes in the world. The withdrawal of rebel forces from Somalia’s capital may offer citizens some relief from a famine that threatens almost […]

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The Australian water industry, valued at up to $27 billion, is booming, according to CNBC. But can water trading lead to water grabs? Fourteen city councils are up in arms over London’s plan to build a “super sewer” to collect the millions of tons of raw sewage that overflows into the Thames River after heavy […]

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Though a recent study points to Europe’s abundant shale gas reserves, the government of France is increasingly likely to ban shale gas exploration in the wake of growing domestic opposition to the technique, the Financial Times reports. The Danube River, one of Europe’s major waterways, has dropped to a 100-year low in Austria, forcing shippers […]

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Surprisingly to some, carbon emissions and energy in the United States and China will peak and stabilize in the 2030s after which they will increase much less, according to a new study by the Lawrence Berkeley National Laboratory. Read more details here. South Africa said it would conduct a comprehensive feasibility study of hydraulic fracking […]

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A 330-megawatt dam under construction in the Indus River Basin has re-ignited the water tensions between India and Pakistan in the disputed region of Kashmir. The hydropower project is the first to be referred to international arbitration under the World Bank-mediated Indus Water Treaty and signals an escalation in the Indo-Pakistani race to secure priority […]

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Well-defined water rights, increasing demand, and scarcity projections are attracting investment funds from abroad.

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