Thursday, November 09, 2006

Chaper 1-Water – Scarce Resource

Water is scarce resource, so water pricing is increasingly seen as an acceptable instrument of public policy. Water-use charges, pollution charges, tradable permits for water withdrawals or release of specific pollutants, and fines are all market-based approaches that can contribute to making water more accessible, healthier and more sustainable over the long term. One particular area of water policy that has become increasingly subject to pricing principles is that of public water supply and wastewater services. Efficient and effective water pricing systems provide incentives for efficient water use and for water quality protection. The metering of water consumption is a prerequisite for the application of efficient water pricing policies. The more water you use, the more amount payment you have to pay.

Scarcity is anything that has a limited supply. Global warming and climate changes will threaten Canada’s freshwater fisheries and the state of our drinking water. Lower water levels are having an impact on shipping in the Great Lake. The federal government decided not to put an outright ban on water exports. If some provinces started exporting bulk water, water would become a tradable commodity. The federal government has also approached the United States to request that the International Joint Commission study the impact of bulk water removal on lakes.

I personally think water is an important resource that living organism need to survive. The demand for water by Canadians is quite high. In fact, we are the second highest water users in the world, following by the Americans. Apart from needing water to drink, Canadians also require a great deal of water for our modern conveniences like households. Not many of us have an unlimited supply of dollars on hand, because the amount of money that we posses is limited, we must decided how to allocate it among various purchase. It is only when things are not limited in supply that we do not have to make such decision. Water is a scarce resource even for Canadians. The fact of its scarcity is forcing us to make regarding the use of this valuable resources. Personally, I believe water is brought to us by the nature and we could not control the amount produce.

Link:
http://www.un.org/waterforlifedecade/

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