Virtual water: The new carbon footprint
Adam Smith InstitutePosted: August 22nd, 2008 by Thomas L. Knapp
Author: Helen Davison
“Apparently the UK is the world’s sixth largest importer of water. This, it is claimed, is affecting drier areas of the world where water resources are either already stressed or very likely to become so in the near future. As such, we are now being asked to factor in our water footprint to our daily shop. Businesses are likewise being urged to evaluate their water footprints and take steps to reduce water consumption. Needless to say, a much simpler solution would be to treat water supplies as an economic good, by making water demand less independent of users’ willingness to pay for it.” (08/22/08)
