Energy

Why some of the world’s biggest companies are worried

0


Dry cracked earth is visible along the banks of Phoenix Lake on April 21, 2021 in Ross, California.

Justin Sullivan | Getty Images

LONDON — Major companies from across a range of sectors are increasingly concerned about the cost and availability of the world’s ultimate renewable resource: water.

The availability and relatively low cost of water does not tend to capture much attention until it effectively runs out. Yet, with the climate crisis seen as a “risk multiplier” to water scarcity, analysts warn that even companies with relatively limited financial exposure to water risk should brace for disruption.

It comes at a time when water prices are rising around the world. The average price…



Source cnbc.com

0 0 votes
Article Rating

Most online spending so far this year, Adobe says

Previous article

How Porsche went from sports cars to SUVs … and EVs

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Energy