Water rights trade to help quench world thirst

Posted by Reuters: Nina Chestney and Barbara Lewis on August 8th, 2011
Reuters: Markets in water rights are likely to evolve as a rising population leads to shortages and climate change causes drought and famine. But they will be based on regional and ethical trading practices and will differ from the bulk of commodity trade. Detractors argue trading water is unethical or even a breach of human rights, but already water rights are bought and sold in arid areas of the globe from Oman to Australia. "We at Blackhawk strongly believe that water is in fact turning......

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