Green - Water Grab - Bloomberg

Water Grab

In a new era of climate-fueled drought around the world, investors are moving to control and profit from scarce and pristine water sources.

The Water Trade Is Booming — and Sucking Australia Dry

The Water Trade Is Booming — and Sucking Australia Dry

On the world’s driest inhabited continent, water is making a few big investors very rich.

December 19, 2023

December 19, 2023

The Private Equity Firm Tapping America’s Spring Water

BlueTriton Brands owns Poland Spring, Arrowhead and other bottled water brands. As it tries to grow, experts worry sensitive springs, creeks and groundwater supplies from Florida to California are paying the price.

Environmental activists call for shutting down bottled water pipeline in the San Bernardino National Forest

November 15, 2023

November 15, 2023

Wall Street Is Profiting Off of Cities’ Precious Water Supply

While taps in coastal Dakar run dry, a Wall Street company uses Senegal’s only lake to irrigate crops the company plans to send to Saudi Arabia.

Wall Street Is Profiting Off of Cities’ Precious Water Supply

October 31, 2023

October 31, 2023

China’s Richest Person Made Billions Bottling Pristine Water

Zhong Shanshan built his Nongfu Spring empire by extracting water from some of the country’s most ecologically important rivers and mountains.

China’s Richest Person Made Billions Bottling Pristine Water

June 21, 2023

June 21, 2023

Arizona Is Running Out of Cheap Water. Investors Saw It Coming

The state just moved to restrict housing construction around Phoenix as groundwater demand outstrips supply. But fast-growing towns are already buying water from elsewhere — and investors’ bets are paying off.

Arizona Is Running Out of Cheap Water. Investors Saw It Coming

April 11, 2023

April 11, 2023

Wall Street Is Turning Water into Wealth, Leaving Californians Out to Dry

Banks, pension funds and insurers have been turning California’s scarce water into enormous profits, leaving people with less to drink

Wall Street Is Turning Water into Wealth, Leaving Californians Out to Dry