Opportunity Costs: Evidence Suggests Variability, Not Scarcity, Primary Driver of Water Conflict

Nearly 1 billion people lack reliable access to clean drinking water today. A report by the Water Resources Group projects that by 2030 annual global freshwater needs will reach 6.9 trillion cubic meters – 64 percent more than the existing accessible, reliable, and sustainable supply. This forecast, while alarming, likely understates the magnitude of tomorrow’s … Continue reading Opportunity Costs: Evidence Suggests Variability, Not Scarcity, Primary Driver of Water Conflict