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1082 search results for: Australia

1058

Trickle Down Effect: Aussie Dollars to Hydrate Basin

Years of drought have left the state government of South Australia feeling a bit too brittle for comfort. In fact, it just tipped its fiscal bucket by tens of millions of dollars to purchase water for next year. The state should be 61 billion gallons wetter for 2009-10, water security minister Karlene Maywald told the […]

1059

Blessing or Blunder? South Korea to Build Wealth from Wetlands

BUAN, South Korea — From a scenic dyke in the peninsular nation’s rural north, South Korea seeks to conjure a commercial and residential development seven times larger than Manhattan. While some scoff at the feasibility of such a feat — noting infamous environmental failures like Japan’s Isahaya Bay — the Saemangeum land reclamation project is […]

1060

Global water business, a growth industry, attracting more investors

Realistic expectations drive long-term gains, experts predict by Keith Schneider Circle of Blue NEW YORK – It didn’t quite land with a thunk!, but it did attract some attention last August when a 16-page investment brochure from Dublin, California dropped into the mailboxes of stock buyers all over the country. “Water stocks,” declared the investor […]

1061

Water Sales Trump Crop Sales in Queensland

BRISBANE, Australia — Small farmers in Queensland can make more by selling their water than growing crops, reports Adelaide Now. “Water is genuinely becoming liquid gold and an increasing number of farmers are being lured away from the land,” attorney Tracey Moore told the newspaper. “In regions where water trading is possible, there is a […]

1062

Aspen Design Challenge: Designing Water’s Future

Students to develop solutions to global water crisis in first annual “Aspen Design Challenge” AIGA, Circle of Blue and INDEX launch “Designing Water’s Future,” Engaging Cross-Disciplinary Teams of Next-Generation Thinkers Around the World NEW YORK, NY. – August 18, 2008 – AIGA, the professional association for design, today issued an ambitious call to the next […]

1063

As the Murray River Dries, Hope Dies

The lower lakes of the Murray River in South Australia are slowly drying up, as water use along the Murray-Darling river basin continues to threaten the long-term health of the watershed. Lower lakes residents, hoping for an influx of water from upstream reserves, were told by government officials that, barring substantial rain, the reservoirs would […]

1064

Opinion: THE GREAT THIRST Oceans of Water

As the public becomes increasingly aware of the oceanic scope of the impending freshwater crisis, policy makers and scientists look for alternatives. Is desalination an answer? From the Los Angeles Times: It’s easy to understand why so many of us, hearing of threats from climate change and shrinking water supplies, turn our gaze west to […]

1066

Aussie farmers growing angry

AUSTRALIA – More than 300 angry farmers and their trucks blocked a city thoroughfare to protest the Government’s north-south pipeline, which they say will drive them off the land. The Government plans to send 75 billion liters of water a year from the northern food bowl district through the pipeline to Melbourne in 2010. Read […]

1067

Rural Town Begs For Water

QUEENSLAND – A remote northwest Queensland community has made an urgent plea for reliable power and water. Urandangi is 260km southwest of Mount Isa and has a population of about 60, which fluctuates with the movement of people across the nearby Northern Territory border. The town’s average summer maximum temperature is 38C but there is […]

1068

Subsidies not the solution

NEW SOUTH WALES – New figures released yesterday show more than 48 per cent of the state is drought-declared, up from 43 per cent last month. Another 24 per cent of the state is marginal. Opposition spokeswoman Pru Goward says drought subsidies and water restrictions are not long-term solutions. Read more here. Source: ABC News […]