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There Will Be Water

Posted by Matt in June 14th, 2008

T. Boone Pickens thinks water is the new oil—and he’s betting $100 million that he’s right.

In the coming decades, as growing numbers of people live in urban areas and climate change makes some regions much more prone to drought, water—or what many are calling “blue gold”—will become an increasingly scarce resource. By 2030 nearly half of the world’s population will inhabit areas with severe water stress, according to the Organization for Economic Cooperation & Development. Pickens understands that. And while Texas is unusually lax in its laws about pumping groundwater, the rush to control water resources is gathering speed around the planet.

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Map for Dallas, Texas

[Countries link to CIA Factbook. States link to Wikipedia.]


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