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GreenBiz: The Economic Risks of a Water Constrained World
Jan 20, 2012
The economic slump still with us after several punishing years is largely rooted in living beyond our means -- too much spending and not enough money in the bank to cover people's expectations for the future. Tackling this disconnect is a well-worn battle cry by now in the financial markets. But it is also taking root in a far more precious and increasingly-scarce resource: fresh water. If investors and companies do not plan for this already unfolding global threat, they are as vulnerable as overextended banks were when subprime mortgages and housing markets collapsed.
The Globe and Mail: Economics biggest threat to embattled oil sands
Jan 19, 2012
Alberta’s embattled oil sands face well known risks from foreign radicals, movie stars, environmentalists and stalled pipelines projects. But there may be an even scarier threat: plain old economics.