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Water Becomes a Global Commodity

by Alexander Rose - Twitter: @zander on January 14th, 02011

Blue Lake in Sitka, Alaska

Newsweek reports that Sitka, Alaska is looking at selling 3 billion of gallons of water for bottling in Mumbai India shipped via tanker.  This will mark one of the first major water transfers of this sort, making water a globally traded commodity.  It also brings up some interesting questions around climate change and how it will affect population centers.  It is said that water always travels uphill towards money, if this deal goes through we will determine if it will also cross oceans.

Mumbai, India