The Intelligence from The Economist
For whom the well tolls: Why we must price water
Aug 30, 2024
Robert, Deputy Editor at The Economist and a water scarcity expert, discusses the urgent need for water pricing to address growing shortages globally. Annie Crable highlights the rising illegal crossings at the US-Canada border, illustrating the complexities and human experiences behind migration. Anne Rowe pays tribute to biological anthropologist Helen Fisher, exploring the science of love and its nuanced dynamics. Together, they unpack critical issues that intertwine nature, human behavior, and societal challenges.
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Quick takeaways
- Water scarcity in regions like Chile is exacerbated by ineffective policies, leading to conflict, rising food prices, and public unrest.
- Innovative water management and pricing strategies are essential to ensure sustainable access and prevent societal divisions over diminishing resources.
Deep dives
Chile's Water Crisis and Its Implications
Chile faces a severe water crisis, exacerbated by prolonged droughts that have led to conflicts over water access. Farmers like Alejandro Meneses report that water scarcity is making it increasingly difficult to cultivate crops, resulting in rising food prices that could lead to public unrest. The Minister for Public Works warns that the capital, Santiago, may face serious water shortages within a decade, as about half of humanity experiences water-stressed conditions at least once a year. These issues highlight the urgent need for innovative solutions and better water management policies to prevent escalating tensions among communities dependent on this vital resource.
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