Monday, March 22, 2010

Our blue gold

I don't think selling our water will bring the best return. If we use it to produce Hydrogen fuel we will become incredibly rich and powerful. This article does highlight the other great opportunity that will present it self this century. i.e. low cost water desalination.

In the past few years, several domestic think-tanks have researched this issue, and concluded that there is a potentially lucrative market for Canadian water. The Montreal Economic Institute has determined that Quebec could earn up to $65-billion annually by exporting 10% of its renewable freshwater resources. The Frontier Centre for Public Policy estimates that Manitoba could earn US$1.33-billion annually by exporting just 1% of the fresh water flowing into Hudson Bay, via a pipeline to American markets, thereby ending Manitoba's status as a have-not province. Read more.

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