Friday, February 15, 2019

Compensation for conservation: water markets are economists' answer to scarcity

As cites grow and put more pressure on water sources, scarcity is an increasingly important issue. More than two thirds of the world's population experience a water shortage every year. Just because water continues to reach your tap does not mean your area isn’t experiencing a shortage. Instead, it could mean your town is forced to tap sources, such as rivers, faster than they can renew. Economists have introduced one solution – water markets – that assign a value to usage under the premise...

from Inhabitat - Green Design, Innovation, Architecture, Green Building https://inhabitat.com/compensation-for-conservation-water-markets-are-economists-answer-to-scarcity
via Inhabitat

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