As with most resources, water, as the scale of economies grows and our demands are, it will be more and more scarce. As it becomes more scarce it will become more expensive. As it becomes more expensive we have to use it more carefully. So, I think that's going to be our future with water; we're going to have to be much more careful with the use of it in the future.
08.05.2007,
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Herman E. Daly is an ecological economist and professor at the Maryland School of Public Affairs. Prior to his work at the Maryland School of Public Affairs, he worked at the World Bank, where he was Senior Economist in the Environment Department, helping to develop policy guidelines related to sustainable development. While there, he was engaged in environmental operations work in Latin America. He is co-founder and associate editor of the journal, Ecological Economics. His interest in economic development, population, resources, and environment has resulted in over a hundred articles as well as numerous books. His awards include the Grawemeyer Award for ideas for improving World Order, of the Honorary Right Livelihood Award, the Heineken Prize for Environmental Science from the Royal Netherlands Academy of Arts and Sciences and the Sophie Prize awarded by Norway.
