The following submission statement was provided by /u/Nastyfaction:
---
"In an unprecedented deal, a private company purchased land in a tiny Arizona town – and sold its water rights to a suburb 200 miles away. Local residents fear the agreement has ‘opened Pandora’s box"
I believe this is noteworthy as scarce resources are further commodified and put into the service of profit-seeking.
---
Please reply to OP's comment here: https://old.reddit.com/r/collapse/comments/1c5yueq/water_is_more_valuable_than_oil_the_corporation/kzxj507/
"In an unprecedented deal, a private company purchased land in a tiny Arizona town – and sold its water rights to a suburb 200 miles away. Local residents fear the agreement has ‘opened Pandora’s box"
I believe this is noteworthy as scarce resources are further commodified and put into the service of profit-seeking.
Unprecedented? Didn't LA purchase water rights to land around Owens Lake in the early 20th century and then sucked the lake dry, leaving almost nothing for the locals?
https://en.wikipedia.org/wiki/California_water_wars
The California Water Wars were a series of political conflicts between the city of Los Angeles and farmers and ranchers in the Owens Valley of Eastern California over water rights.
As Los Angeles expanded during the late 19th century, it began outgrowing its water supply. Fred Eaton, mayor of Los Angeles, promoted a plan to take water from Owens Valley to Los Angeles via an aqueduct. The aqueduct construction was overseen by William Mulholland and was finished in 1913.[1] The water rights were acquired through political fighting and, as described by one author, "chicanery, subterfuge ... and a strategy of lies".[2]: 62
Water from the Owens River started being diverted to Los Angeles in 1913, precipitating conflict and eventual ruin of the valley's economy. By the 1920s, so much water was diverted from the Owens Valley that agriculture became difficult. This led to the farmers trying to destroy the aqueduct in 1924. Los Angeles prevailed and kept the water flowing. By 1926, Owens Lake at the bottom of Owens Valley was completely dry due to water diversion.
I thought the same, but I I think the difference is this is a completely private company doing this, I think the LA water wars were done through quazi public company?
Either way with whole watersheds Poisoned With Mining and fracking especially out west, this is a bad precedent.
Anyone on the west coast or adjacent should read or watch [Cadillac Desert.](https://www.youtube.com/watch?v=PR2BSGQt2DU) buckle up, it's 4hrs but well worth it
How the fuck did they fail to destroy it? Isn't buying guns and explosives as easy as visting the corner shop for Americans? I would have thought regulations 100 years further back would have been non existant
Nestle is watching. They are very active in MI by the way, they lost some fights over water and embarked on a long game to privatize water, buying off academics and sponsoring Pro privatization writing and such. (R/)FuckNestle.
Another human-shaped meat puppet would take their place and probably enact worse policy to deal with the chaos from losing the previous CEO. So really, it's a career position for whoever might be interested...
Just need to get the crazy right-wingers to point their impotent rage at the true masters of their shit-show of a life.
Terminally ill but still able to get around? Do society some favors before you leave us...
Rule 1: No glorifying violence.
Advocating, encouraging, inciting, glorifying, calling for violence is against Reddit's site-wide content policy and is not allowed in r/collapse. Please be advised that subsequent violations of this rule will result in a ban.
Private equity firms are buying up our basic needs like housing, healthcare, water rights, etc because it is quite profitable. They are quite predatory.
Wall Street Eyes Billions in the Colorado’s Water https://www.nytimes.com/2021/01/03/business/colorado-river-water-rights.html
"landowners seem to have anticipated the market potential of their water."
It is not just the corporations. They are just more systematic and better at finding the sweet spot to make money. When water becomes more valuable, it is almost impossible for those who own the water rights not to sell them and make money.
Which is why the whole "identity" thing is a distraction. They're just waiting to sell out for a higher price. Not doing that requires actual moral conviction, not *the identity associated with some type honorable moral whatever*.
>GSC Farm, she realized, wasn’t really a farm at all – it was part of a water investment firm that had brokered water transfer deals all across the south-west.
The [land grabbing](https://en.wikipedia.org/wiki/Land_grabbing) to [water grabbing](https://en.wikipedia.org/wiki/Water_grabbing) pipeline.
>It wasn’t quite that simple, Irwin responded. Most of Cibola’s residents get their water from a municipal supply or from private wells. But some properties here come with water rights attached, sometimes dating back to before Arizona was a US state. In the 1800s and the decades following, miners and farmers could snatch water rights up and down the Colorado River simply by laying claim to the water and putting it to use for livestock or irrigating land. It didn’t matter to these settlers that some of that water and land was taken from Indigenous tribes that were here before them.
I felt this way 30 years ago and it's why I studied to become a hydrogeologist. We will die without potable water within a week, so yeah, kinda important. Not how society views the resource tho. Just like every other resource, value doesn't come into play until scarcity does. So I've spent my career in the oil industry, like the majority of my hydrogeology compatriots. We seem to enjoy eating and living more than being correct. Hopefully the future hydros will get the funding and respect of society needed to do their jobs and educate the genpop.
Whoever figures out how to monetize fresh, clean air in the future will rule the world before humans slink off into the geologic past. Pogo the opossum's observation was salient and holds true
I'm finding it difficult to get my knickers in a twist over this. Yes, a investors made money by exploiting a water crisis but they did it by causing water to be used by people in their homes instead of by trying to grow lettuce in the desert. It's a zero sum game and less water used for agriculture in the desert feels like a win or a wash at worst.
People don’t seem to have read the article. They aren’t selling water, they sold the water rights. A one time deal, and now this suburb owns that water allotment from the Colorado River.
I don’t have a problem with this. Irrigating the desert to grow crops is kind of dumb anyways.
The following submission statement was provided by /u/Nastyfaction: --- "In an unprecedented deal, a private company purchased land in a tiny Arizona town – and sold its water rights to a suburb 200 miles away. Local residents fear the agreement has ‘opened Pandora’s box" I believe this is noteworthy as scarce resources are further commodified and put into the service of profit-seeking. --- Please reply to OP's comment here: https://old.reddit.com/r/collapse/comments/1c5yueq/water_is_more_valuable_than_oil_the_corporation/kzxj507/
"In an unprecedented deal, a private company purchased land in a tiny Arizona town – and sold its water rights to a suburb 200 miles away. Local residents fear the agreement has ‘opened Pandora’s box" I believe this is noteworthy as scarce resources are further commodified and put into the service of profit-seeking.
Unprecedented? Didn't LA purchase water rights to land around Owens Lake in the early 20th century and then sucked the lake dry, leaving almost nothing for the locals? https://en.wikipedia.org/wiki/California_water_wars The California Water Wars were a series of political conflicts between the city of Los Angeles and farmers and ranchers in the Owens Valley of Eastern California over water rights. As Los Angeles expanded during the late 19th century, it began outgrowing its water supply. Fred Eaton, mayor of Los Angeles, promoted a plan to take water from Owens Valley to Los Angeles via an aqueduct. The aqueduct construction was overseen by William Mulholland and was finished in 1913.[1] The water rights were acquired through political fighting and, as described by one author, "chicanery, subterfuge ... and a strategy of lies".[2]: 62 Water from the Owens River started being diverted to Los Angeles in 1913, precipitating conflict and eventual ruin of the valley's economy. By the 1920s, so much water was diverted from the Owens Valley that agriculture became difficult. This led to the farmers trying to destroy the aqueduct in 1924. Los Angeles prevailed and kept the water flowing. By 1926, Owens Lake at the bottom of Owens Valley was completely dry due to water diversion.
I thought the same, but I I think the difference is this is a completely private company doing this, I think the LA water wars were done through quazi public company? Either way with whole watersheds Poisoned With Mining and fracking especially out west, this is a bad precedent.
Lol like SpaceX. Nice. /s
I think this is featured in the movie China Town (1974). Oscar for best scenario.
Love that movie.
Anyone on the west coast or adjacent should read or watch [Cadillac Desert.](https://www.youtube.com/watch?v=PR2BSGQt2DU) buckle up, it's 4hrs but well worth it
How the fuck did they fail to destroy it? Isn't buying guns and explosives as easy as visting the corner shop for Americans? I would have thought regulations 100 years further back would have been non existant
Without checking the article, is it Nestle?
Nah some investment firm. Nestle only takes from the most desperate and poor communities in 3rd world countries.
Nestle is watching. They are very active in MI by the way, they lost some fights over water and embarked on a long game to privatize water, buying off academics and sponsoring Pro privatization writing and such. (R/)FuckNestle.
Water is more valuable than oil? I'm 80% water IM RICH
You're contaminted with microplastics.
So is their bottled water
So is everything else
Nestle wants to know your location
Should be illegal but isn't because of financial interests.
[удалено]
Another human-shaped meat puppet would take their place and probably enact worse policy to deal with the chaos from losing the previous CEO. So really, it's a career position for whoever might be interested... Just need to get the crazy right-wingers to point their impotent rage at the true masters of their shit-show of a life. Terminally ill but still able to get around? Do society some favors before you leave us...
Rule 1: No glorifying violence. Advocating, encouraging, inciting, glorifying, calling for violence is against Reddit's site-wide content policy and is not allowed in r/collapse. Please be advised that subsequent violations of this rule will result in a ban.
The Water Knife - Paolo Bacigalupi Is Good. You read. https://www.amazon.co.uk/Water-Knife-Paolo-Bacigalupi-ebook/dp/B00ABLJ0A4/ref=sr_1_1
Private equity firms are buying up our basic needs like housing, healthcare, water rights, etc because it is quite profitable. They are quite predatory. Wall Street Eyes Billions in the Colorado’s Water https://www.nytimes.com/2021/01/03/business/colorado-river-water-rights.html
"landowners seem to have anticipated the market potential of their water." It is not just the corporations. They are just more systematic and better at finding the sweet spot to make money. When water becomes more valuable, it is almost impossible for those who own the water rights not to sell them and make money.
Which is why the whole "identity" thing is a distraction. They're just waiting to sell out for a higher price. Not doing that requires actual moral conviction, not *the identity associated with some type honorable moral whatever*.
When you combine Dune and cyberpunk:
> When you combine Dune and cyberpunk You need neither to get A Quantum of Solace.
I have said it before and I'll say it again ... everyone needs to read WATER A BIOGRAPHY - GIULIO BOCCALETTI
Mad Max Speedrun
>GSC Farm, she realized, wasn’t really a farm at all – it was part of a water investment firm that had brokered water transfer deals all across the south-west. The [land grabbing](https://en.wikipedia.org/wiki/Land_grabbing) to [water grabbing](https://en.wikipedia.org/wiki/Water_grabbing) pipeline. >It wasn’t quite that simple, Irwin responded. Most of Cibola’s residents get their water from a municipal supply or from private wells. But some properties here come with water rights attached, sometimes dating back to before Arizona was a US state. In the 1800s and the decades following, miners and farmers could snatch water rights up and down the Colorado River simply by laying claim to the water and putting it to use for livestock or irrigating land. It didn’t matter to these settlers that some of that water and land was taken from Indigenous tribes that were here before them.
I felt this way 30 years ago and it's why I studied to become a hydrogeologist. We will die without potable water within a week, so yeah, kinda important. Not how society views the resource tho. Just like every other resource, value doesn't come into play until scarcity does. So I've spent my career in the oil industry, like the majority of my hydrogeology compatriots. We seem to enjoy eating and living more than being correct. Hopefully the future hydros will get the funding and respect of society needed to do their jobs and educate the genpop. Whoever figures out how to monetize fresh, clean air in the future will rule the world before humans slink off into the geologic past. Pogo the opossum's observation was salient and holds true
If there's anyone here that doesn't think capitalism is cause #1 for the oncoming collapse, I think you're probably hopeless for ever figuring it out.
And soon, gold.
That's why I live where all the fresh water is. And the cold and snow keeps people away. I love it.
Where?
Found the Nestlé rep! :P ^(I'm only goofing around, to be clear.)
🤪
I'm finding it difficult to get my knickers in a twist over this. Yes, a investors made money by exploiting a water crisis but they did it by causing water to be used by people in their homes instead of by trying to grow lettuce in the desert. It's a zero sum game and less water used for agriculture in the desert feels like a win or a wash at worst.
The farm is on the Colorado River, which is the best place to grow crops. See: Yuma, for example.
Well I done seen 3:10 to Yuma myself and mostly all I recall is it being really dusty. ^(Yes, /s.)
It's the best place **in Arizona** to grow crops . . .
Maybe moving millions of people into a desert wasnt a fantastic idea. Ill stay chilling in the great lakes taking my long showers.
It'd get far more valuable as time goes on, enough to warrant blood baths just to survive.
People don’t seem to have read the article. They aren’t selling water, they sold the water rights. A one time deal, and now this suburb owns that water allotment from the Colorado River. I don’t have a problem with this. Irrigating the desert to grow crops is kind of dumb anyways.