🌡️Record-breaking heatwaves and droughts are increasing the demand for water.
💰Financial investors are turning water into a profitable commodity through water markets.
🚱The privatization of water has led to limited access and rising prices for many people.
🌍The water crisis is a global issue, affecting countries around the world.
⚖️There is a growing battle between the people and the markets for control over water resources.
Why is the demand for water increasing?
—The demand for water is increasing due to factors like population growth and climate change-induced heatwaves and droughts.
Who is profiting from the water crisis?
—Financial investors and private equity companies are profiting from the water crisis by turning water into a profitable commodity through water markets.
How has water privatization affected access to water?
—Water privatization has led to limited access to water and rising prices, as private companies prioritize profits over providing affordable water to all.
Is the water crisis a global issue?
—Yes, the water crisis is a global issue, affecting countries around the world that are facing heatwaves, droughts, and increasing water scarcity.
What is the battle between the people and the markets?
—The battle between the people and the markets refers to the conflict between those who believe that water is a basic human right and should be freely accessible, and those who view water as a financial product to be traded for profit.
00:21As oppressive heat and droughts increase, the demand for water is rising while the supply is decreasing.
08:18Water has become a profitable commodity, with financial investors creating water markets.
09:57The privatization of water has resulted in limited access and rising prices for many people.
13:57Australia, the hottest continent on the planet, is on the front line of the water crisis.
17:41Water markets allow anyone to purchase additional rights or sell their own water.
