Fortune magazine estimates the water desalination industry to be worth $30 billion and expects this figure to double by 2016. Another publication, Global Water Intelligence, suggests that we will need to triple global desalination capacity to meet the growing demand of potable water. Today, nearly 20% of the global population, or approximately 1.3 billion people,
By Guest Author Rohit P. Singh When one of the deadliest clashes in the region’s history occurred between Chinese police and Tibetan protestors in March 2008, experts averred that the cause of the violence was China’s long-standing strategy to open Tibet’s vast reserves of copper, iron, zinc, and other minerals.
By Guest Author Rohit P. Singh India, in spite of being surrounded by bodies of water on three sides, being crossed by 13 major rivers, and being home to the place with the world’s highest rainfall (Cherapunji) and largest river island (Majuli), is suffering from an acute water crisis. Even as there have been great
We have been watching the BBC’s wonderful documentary, Planet Earth. The dangers facing the planet are many. One of them is water shortages. Water desalination technology leader Energy Recovery Inc (NASDAQ:ERII) had a mixed quarter. Q109 revenues grew 39% to $12.6 million to beat the market’s expectations of $12 million. EPS of $0.03 was in