Did anyone catch the short Documentary on SBS or ABC last night about the privatisation of water? I had to duck off to Ultimate Frisbee (more on that later) so missed most of it, but thought the topic was fascinating nonetheless.
Although some people may think this is a bit over the top, It really doesn’t matter. It is an inescapable reality that one day, clean, fresh water is going to be a precious commodity. Whilst the amount of fresh water in the world will remain constant, population and pollution growth will drastically reduce the amount of clean fresh water we have per capita, not to even mention distribution problems for places like Australia where it has a habit of not showing up where its most required.
A friend asked me recently for a long term investment tip. I told him of a few stocks I had my eye on but I also told him that long long long term – anything to do with water was going to be a winner. Innovation with regard to water quality has recently been a hotbed of activity, and with good cause, we can’t live without it, and eventually it will be a commodity for which we will have to pay a hefty price for. People complain about paying $1.50L for petrol, what about $1.50L for water? Your average 5 min morning shower would cost more than $25.