Tuesday, July 8, 2008

German probably has a word for profiting from misfortune

Pioneer Press Sat, 5 Jul 2008 02:13:55 MDT
Water may become a hot investment

Corporate raider and oilman T. Boone Pickens has been buying up water rights in the Texas Panhandle in the belief that water is going to become scarce and salable. This follows the logic that climate change, shrinking lakes and rivers and population growth will make increasing portions of the world susceptible to water shortages.

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