Project Management

Water-The New Oil?

From the People, Planet, Profits & Projects Blog
by ,

About this Blog

RSS

View Posts By:

Richard Maltzman
Dave Shirley

Recent Posts

Saving the Sahel (Part 1)

You Can't Get They-ah From Hee-yah

Floating an idea into reality: the other side of the AI Project Paradox

The Environment of the Built Environment: an AI Paradox

Is plastic on your mind?

Categories

6th, 6th Edfition, 6th Edition PMBOK, 7th Edition, 7th Edition PMBOK, 8th Edition PMBOK, 8th Edition PMBOK Guide, Activism, actuarial, actuary, adapt, addition by subtraction, Africa, africa, agriculture, airforce, ajaita, Alaska, amazon, analogous, analytics, ancient, and more power, antarctica, anti-science, apple, apps, architecture, arctic, arrakis, Artificial Intelligence, asch paradigm, Assistant, asthma, astronomy, automobile, automotive, autonomous cars, b, bankhar, Banksy Crypto, basalt, baseball, bats, batter, beauty products, benefit, benefits, Benefits Realization, beyond epica, biases, bicycle, big data, big dfata, big dig, bike, biodiversity, biomedicine, birdhouse, blockchain, blood, blue blood, blue trees, bluefin, bluefin tuna, book review, boston, boston university, Boyce, Brazil, brazil, Breakdown Structures, BS, building, buildings, built environment, built environment, bumblebee, cake, capacitor, car, Carbon, carbon, carbon capture, carbon negative, carbon neutral, carbon pool, carbon sequestration, carbonate, careers, CEO, ChatGPT, chatGPT, chatgpt, chatgpt, chess, China, china, chopsticks, citrus, cli-fi, climate, climate change, climate resilience, climeworks, Clumsy, CO2, co2, CO2 Utilization, coalition, cobalt, coffee pods, cognition, cognitive, Collabortion, colombia, concrete, Conflict, construction 5.0, cool projects xyloscope, cooling, coral, corn, cost of good quality, cost of poor quality, cost of quality, crazy, criticism of project management, cryptocurrency, CSR, csr, data, data analytics, data privacy, datacenter, dataset, death spiral, Decision Making, decomposition, Defense and Climate, definition of a project, deforestation, dependencies, dependency, desert, DIKW, dikw, dimopoulos, disposal, dna, DOD, dogs, dolphins, dream, drilling, drink, dune, dune, dutch, early start, earth, eatlocal, eco-tourism, ecological, economic, economics, EKC, electric grid, electricity, electronics, elysis, embodied carbon, emerging technologies, empower, Energy, energy efficiency, environmental degradation, escalate, escalation, ESG, extreme weather, fallacy, FARC, farming, finance, fish, fish brains, fishing, fix, fixing the earth, flint water, Flint Water Supply, flood, flooding, Food supply chain, food waste, forest, forest for the trees, forestation, forrestgump, frank herbert, Fruitcake, fungus, fusion, Galvao, garage, gas, gasoline, geese, gender equality, gender partnerships, generational differences, Generative AI, gladwell, gold, Goodness, google, Government, GPT, great pacific garbage patch, green, green building, green buildings, green energy, green iguana, green project, green project management, greening, guest post, gyre, harkonnen, Harvesting Benefits, hawasina, hedgehogs, heursitics, historical data, hlb, holitsic, holland, horseshoe crab, human-caused climate change, hydrogen, hydrology, ice, iceland, ignition, iguana, imagery, impact, india, inequality, information, initiatives, injection, insurance, intelligence, interacting risk, internal combustion engine, invasive species, investment, isomer, issue escalation, issues, ITER, jobs, Jupiter, justification, kids, kill point, knowledge, koch brothers, Kuznets, laboratory, LAL, landscape mode, lapampa, launch, LCA, Leadership, Leadership, life cycle analyses, life cycle analysis, lifecycle, Linkedin, liquid, lizard, local, long term, long-term, long-term thinking, look up, loud, maintenance, maker, makermovement, malcolm gladwell, management, marathon, marine biology, market, mars, Martin Luther King, mean, megawatt, MeHg, melting, mercury, metal, Microgrid, microplastics, migration, military, millennial, mindset, minerals, mission, mitigate, MLK, mongolia, museum, museum of london, nature, nematodes, net gain, Net Project Success Score, net zero, netherlands, network, New book, New Jersey, New Practitioners, new york, NFT, nitrogen, noise, noreaster, norway, nova, NPSS, NREL, ocean, ocean cleanup, ocean life, oil rig, oil rigs, oklahoma, oman, only murders in the building, opportunity, overall risk, oxygen, packaging, pareto, PBS, permafrost, persistence, peru, Pharmaceutical, planet, planet.com, planning, plant, plasma, plastic, playground, pm, pm education, pmbok, pmbok guide, pmnetwork, PMXPO-2018, podcast, pollutants, pollution, poop, poor, portfolio, power, power skills, privacy, privacy concerns, professors, program, Program Management, project, project leader, project leadership, project management, project management 3.0, project on fire, project progress, Project Success, project success, projecticity, projectleadership, projectmanagement, projects, psychology, pulse of the profession, purple bacteria, purpose, quiet, rainforest, rationale, reef, refugees, renewable, renewables, Repair, repair, repeatable process, repeatable processes, repurpose, research, resource breakdown strucuture, Resource Management, reversing climate change, revisionist history, rich, rigs2reefs, ripe, risk, risk avoidance, Risk Management, risk mitigation, risk response, risk responses, river, robots, rocks, rules of thumb, rural, rural India, russia, Sarcasm/Irony, satellite, saudi, schedule, sci-fi, Science, science, science-fiction, scientific american, screaming monkeys, sea, sea life, Sea-Level Rise, sea-level rise, seagreens, seawall, seawater, seawater temperature, seaweed. beat;es. farming, secondary risk, selena gomez, sequestration, shipping, skyscraper, SLR, smart cities, smart city, smelting, social, social pressure, soil, solar, solar panels, solar perovkites, solar saheli, sonic, sponge cities, SRI, stage-gate, stagegate, stakeholder, stakeholder management, steward, stewardship, storage, strategy, stupid, success, suffer, sulphur, sunk cost, supercapacitor, supply chain, survey, Sustainability, sustainability, Sustainable Investing, Sustainable Tourism, sybiosis, symbiosis, system 03, TBL, temperature, terraform, terraforming, test, threat, threats, totem, touchscreen, tour, tower, Trains, transparency, transportation, trash, tree, tree species, trees, trillion, triple bottom line, triple constraint, truth to power, UMass, us army corps of engineers, USDA, vacuum, value, venus, vision, voice, voltage optimization, vw scandal, washing machine, waste, wastewater, water, we mean business, whales, Whirlpool, wind, wisdom, women, Women in Project Management, wood wide web, woonerf, Work Breakdown Structures (WBS), world breakdown structure, worms, xian, xylotron, Yale

Date

linkedin twitter facebook Request to reuse this  


Getting a drink

Could water be the new oil?  We mean that in a “demand” type of way.  If the answer is yes, then we have a very critical issue.  I noticed in the Wall Street Journal the other day that Fidelity Investment had a two page ad suggesting that investing in water resources may be the way to go in the future.  In other words, they are predicting that water could be the next traded commodity.  Looking at it pragmatically, we can see that possibility.  With an increasing population, strange happenings with the global climate like a change the weather patterns, urbanization, deforestation, loss of biodiversity, groundwater pollution, and all of the other sustainability issues, there is a good possibility that water may become scarce.  The demand for water could exceed the supply, making those who control the water in the driver’s seat.  That begs the question as to whom, if anyone should control the water.

We may not have much choice in the matter.  Water is controlled today.  When dry weather persists, municipalities place restrictions on its use.   At least there is control on municipal water supplies.  Even those with well water are at the mercy of contamination and periods of drought.  They, too, will have to look to some collective source of water.

Ron Lauder, in a CNBC video, makes the point that only 1% of the world’s water is drinkable.  He says that 97% is unusable, 1% each are in the arctic and Antarctic leaving 1% of drinkable water.  The statistical collection website, Worldometers, says ““Almost 80% of diseases in so called "developing" countries are associated with water, causing some three million early deaths. For example, 5,000 children die every day from diarrhea, or one every 17 seconds.”  You can clearly see the problem.

Not many countries remain unaffected.  It is a particularly critical issue in the countries with the most populations, like India, Pakistan, Mexico, China, and the United States, especially in the mid-west, southwest, and western US.  While oil rich, Saudi Arabia is water poor, and along with Yemen and Israel will face severe future shortages.

Who controls the water will be a critical issue in the future.  The wisdom of making such a life-sustaining resource a commodity seems to be flawed.  Whether or not a government, “Fanny Mae” type, agency should be controlling the water could be flawed, too.  The scarcity of water will certainly be a serious issue and what we do about it will have to be carefully and thoughtfully approached.


Posted by Dave Shirley on: March 06, 2012 10:04 AM | Permalink

Comments (0)

Please login or join to subscribe to this item


Please Login/Register to leave a comment.

ADVERTISEMENTS

I have an existential map; it has 'you are here' written all over it.

- Steven Wright

ADVERTISEMENT

Sponsors