They will most likely be Bottle caps. I shall call them "Hub Bucks"
Water is the precious commodity on Earth.
Posted on 09/25/2015 9:16:50 AM PDT by yoe
Gazing out of a turboprop high above his company’s main asset — 34,000 acres in the Mojave Desert with billions of gallons of fresh water locked deep below the sagebrush-dotted land — Scott Slater paints a lush picture that has enticed a hardy band of investors for a quarter-century.
Yes, Mr. Slater admits, his company, Cadiz, has never earned a dime from water. And he freely concedes it will take at least another $200 million to dig dozens of wells, filter the water and then move it 43 miles across the desert through a new pipeline before thirsty Southern Californians can drink a drop.
[snip]
To develop the project, the company burns through $10 million to $20 million annually, paying for a never-ending battle in courthouses and conference rooms across California to win make-or-break government permits and to cover the salaries of its 10 full-time employees.
Cadiz has generated that money by borrowing and regularly issuing more shares, prompting skeptics to wonder if it will ever actually deliver any water, much less any profits.
(Excerpt) Read more at nytimes.com ...
How can something that covers 3/4 of the earth, and falls for free from the sky, be a “rare commodity”?
Question..why hasn't there been a HIT piece about all of the tribal casino's in the country that ARE NOT taking care of their own??? I worked at one in SW Mich and drive thru their part of the state often..it's shame how their houses look. Yet it seems that it is reparations for them from the white man..and screw the rest.
They will most likely be Bottle caps. I shall call them "Hub Bucks"
Water is the precious commodity on Earth.
Instead of mining for water, how about inventing a truly effective desalinzation process? 75% of the planet is covered in that stuff, after all.
I got some of those from a chick down south. Seemed kinda sketchy. Wild look in her eyes like she just killed somebody...Kept’em on a necklace if I recall.
Stop hating Obama just because he is black!
Does fracking work for water?
They have an effective desalinization process - it requires lots of electricity. Google search Israel’s desalinization projects - quite interesting and it’s been very effective. California is screwed because of environmentalists who won’t let them build new electricity plants and they don’t want them to desalinize the water because they claim the heavier salt in the discharge harms the environment.
The irony is that some sea life flourishes in the presence of more salt. They have a new desalinization plant in California that had to fight for years in court to exist. Go figure.
That is the history of the west. Whiskey is for drinking, water for fighting over.
Government regulations!
1/2 black
1/2 white. LOL
does that mean only 1/2 his life matters?
If he is utterly worthless does his life matter? Or half matter?
How about just building the really, really BIG dam system this country actually needs to capture enough water every year?
We don’t want to “spoil the environment” but what we really need more than anything else to secure both our energy and water needs is half a dozen more Hoover size dams. Some of them nearer to the runoff and in rainy zones so we can have the vast reserves to pipe around to wherever we need it and be able to ride out multi year droughts.
How about just building the really, really BIG dam system this country actually needs to capture enough water every year?
This. Just think of all that money we “gave” to Wall Street being used for infrastructure projects that would provide us more water and cheap electricity.
It also appears that the drought might be re-expanding to the east border of KS and to the south. Dry on the northern CO Rockies again for about a month.
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