Water Privatization

According to Food and Water Watch, having bottled water means that massive corporations profit from the production of privatizing water which means there is less support for the public water supply. Corporations like Nestle Waters, Pepsico, and Coca-Cola sell single-use plastic bottles that occupies our oceans, landfills, and other areas that costs a thousand times more than what it costs to drink and use the water that comes from the tap. As bottled water has become the beverage of convenience, it is destroying the public infrastructure for the public. Public sources of water has been a source for water for over a hundred years and now corporations like Nestle want to privatize this.

Food Empowerment Project states that although most people know that the Earth is composed of about two-thirds of water, most of which is saltwater, only 2.5 percent of freshwater is suitable for drinking and growing food. Furthermore, less than 1% is available to humans and ecosystems because most of it remains frozen in the the Arctic and Antarctic regions. Today around 1.1 billion people (one-sixth of the world's population do not have adequate access to clean drinking water and about 2.6 billion people lack the proper sanitation. Researchers state that by 2025, about two-thirds of the population will be living in water stressed areas.

https://enveconunca.wordpress.com/2013/04/24/water-privatization-an-economic-solution-or-disaster/

This Project also states that Animal agriculture industries use and pollute a disproportionate share of water even though millions die every year due to the lack of clean water. As the scarcity increases, water's value as an economic commodity rises. About 90 percent of the freshwater drinking supply has remained under public control. In areas where privatization of water has been established, it has caused chronic water shortage problems. This is because corporations, by nature, are more concerned with making capital than saving people's and communities' best interest, has in turn created corruption, lack of corporate accountability, loss of local agency, weakened water quality standards, and sleep rate hikes that eliminate the poor population's access to water. As Nestle is considered one of the largest corporations in the world, it is also considered a water business and is currently leasing out around 50 spring sites throughout the United States. In many of these places that Nestle currently operates on, it is known that they have unlawfully extracted water from aquifers, engaged in price-gouging tactics, and polarized communities.

https://mikebrantley.wordpress.com/2013/11/10/the-scary-unbiblical-privatization-of-water/

The Wall Street Journal states that nearly 73 million people are served with the help of a private company. Richard Little explains that the privatization investment would cost as much as 1 trillion dollars within the next 25 years. He then goes on to state that the privatization of water offers economies of scale wherein a single company can provide the financial and human resources to serve many small systems in a far more cost-effective manner. Government-owned enterprises, on the other-hand, do not have rate structures that reflect the true cost of the service. Thus, making small publicly owned water utilities lack the means of not only making capital investments, but to also hire the professional staff needed to meet increasingly stringent water-quality standards.