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WET Watermark Glb.

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Posted at 08/4/2023 16:43 by waldron
Risk Management News


Treading the waters – a look at the risks that will shape the future

Addressing water risks fundamental to adapting to climate change, says AXA

Treading the waters – a look at the risks that will shape the future


By Kenneth Araullo
Apr 06, 2023


A new report from AXA has shone a light on the water risks that many industries and businesses are facing, especially as the world adapts to the challenges of climate change


The report outlines not only the risks involved, but their grouping according to the damages that they can cause, and which industries are most likely to be affected by them

The insurer said that the report aims to improve its clients’ understanding of water-related risks and how they can affect their operations. The weight of these negative effects, in turn, can hopefully be a deterrent to combat them and improve water security across the world

AXA categorizes water risks based on the effects that they can cause: physical, reputational, or regulatory. Regardless of its category, all these risks have varying levels of impact that they can cause to various businesses and industries


Determining the physical risks

Physical risks vary, but they can be summed up as having too much water (floods) or too little of it (drought, unclean water). Below are the physical risks outlined by the report:

Water scarcity – a risk that heavily affects the industries and sectors with the highest water usage. The food and beverage industry, agriculture, apparel and textiles, utilities, and manufacturing are all shown to be at risk from the insufficiency of water


Climate change and threats to ecosystems – besides the general uncertainty caused by the constantly changing climate, its damage to ecosystems through more disastrous weather events cannot be overstated. Industries that will suffer from water scarcity are also exposed to the risks posed by climate change, in addition to transport and logistics, which will be affected by disruptions to their distribution operations

Poor water and pollution of water resources – scarcity is not the only risk that targets the world’s water security, as the lack of access to clean water is also a major hindrance. Food and drink production, as well as agriculture, are all at risk when there’s little clean water to go around. Pharmaceuticals and tech sectors are also vulnerable to poor water quality

Flooding – with the New Zealand property insurance sector expected to take a major hit due to recent extreme weather events, flooding has proven itself to be a risk that will be taken more and more seriously as the world goes through the effects of climate change. All industries can be affected by flooding, but it’s the transport sector that is possibly the most exposed due to its disruption of roads and other means of transportation


Poor management of water resources – a risk that’s highly relevant for water companies. Poor management of water resources can directly lead to shortages

A hit to reputation

While the effects of physical water risks cannot be overstated, some economic costs can eventually be covered. What’s harder to manage in the aftermath is the potential for a water risk to damage a company’s reputation. As a critical corporate asset that can be difficult to manage and quantify, managing water risks becomes doubly essential to keep a firm’s standing from being sucked into the depths

The AXA report listed the following as major reputational risks involving water:

Negative media coverage and public scrutiny – in the social media age where a single tweet can cause significant changes to a company, the reputational risk of being scrutinized by the media and the public should be a deterrent for companies to tread lightly around water risks. All industries are vulnerable to this, and the report highlights an event in the UK that was covered by the media leading to litigation over raw sewage discharged into public waterways


Changes in consumer loyalty – consumer-facing sectors such as food, beverage, and clothing are the most vulnerable to shifting consumer loyalties. The report notes that in recent years, several notable clothing brands were subject to boycotts due to bad environmental and social practices
Loss of market share due to litigation – the report said that most sectors today are not at significant risk of loss to market share due to litigation. However, it’s in the future companies that are set to pay the price, as they will possibly be more exposed to risks that come with failing to demonstrate good environmental practices


Damage to brand – with ESG set to become a more important aspect for a company’s reputation, poor environmental management can cause significant brand damage that will forever haunt the company. Conversely, good water practices help shape the perception of a good brand value that’s compliant with ESG practices

Affecting future regulations

The risks associated with water extend far beyond that of the physical and the reputational. Regulations involving water use may become more prevalent in the future, resulting in increased operational costs for businesses that are vulnerable to water risks

AXA listed the following as the regulatory water risks to watch out for:

Higher water prices – the food, beverage, and agriculture industry stand to be very affected once regulations start to increase the price of water. Apparel and textiles, utilities, and the manufacturing sectors will also start to feel the heat

Regulation of effluent quantity and quality – a particular risk at hand for pharmaceuticals, regulations changing the amount of discharged water and its quality will result in higher costs for these companies. Restrictions passed by these regulations can also affect operations

Statutory water withdrawal limits – a risk that can be closely attached to water scarcity, poor water security can lead to water withdrawal limits that will severely impact operations and supply chains around the world. The food, beverage, and agriculture industries will be the most affected due to their heavier reliance on the quantity of water


Regulatory uncertainty – poorly implemented or inconsistent water-related regulations can cause issues, especially in sectors such as utilities, apparel and textiles, and manufacturing. Short-term regulations that aim to solve a current water issue may end up hindering companies in the future

AXA XL global sustainability director Suzanne Scatliffe said in a news release that water security requires properly managed and protected water resources. This makes it essential to keep water at the forefront of corporate climate strategies

“AXA XL is committed to helping organisations to improve their understanding of water-related risks and how they impact business operations. This new report aims to support businesses of all sizes to understand different types of sector-specific water risks and catalyse action with a series of recommended solutions and tools,” Scatliffe said.
Posted at 08/11/2021 12:21 by waldron
courtesy of
jeffian
8 Nov '21 - 10:15 - 13089 of 13090
0 5 0
#13083,

"since the 1960s most houses’ surface water drainage has been on a different drainage system to the foul water sewage system".

On the contrary, as a young surveyor (many, many years ago) I was brought up on that premise but it seems to have been completely forgotten and is, indeed, the cause of the problem. Wherever mains (i.e. sewage) drainage is available, I have never seen a builder do anything other than link all rainwater goods into the mains. If they went back to soakaways or letting rainfall find its way to natural waterways, the problem could be solved. The answer certainly isn't to require water authorities to build ever-bigger sewage treatment plants just to cope with exceptional weather events.

While on the subject of water (don't get me started) how on earth can a country like UK talk about 'water shortages' when part of it (mainly North) is permanently inundated even if the SE is becoming drier. One might ask what on earth happened to reservoirs and why there isn't a national water grid. If the Romans could do it, why can't we?!

thanks for that

LUV TO GET you STarted jeff on the AQUA threads,not to mention DAMP AND WET Threads

You would be most welcome

chuckle and cheers
Posted at 08/3/2020 11:45 by the grumpy old men
BBC

Floods: Budget will double spending on defences, says Treasury

7 March 2020

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Budget 2020

Image copyright PA Media

Funding for flood defences in England is expected to be doubled to £5.2bn over five years in the forthcoming Budget, the Treasury has said.

The money, due to be announced on March 11, will help to build 2,000 new flood and coastal defence schemes and protect 336,000 properties in the country.

Chancellor Rishi Sunak said communities had been "hit hard" in recent floods.

The funding - double the £2.6bn budgeted between 2015 and 2021 - is due to be available from April 2021.

This year was the wettest February in the UK since records began in 1862, with more than three times the average rainfall - as three successive storms left rivers bursting their banks and communities flooded.

In some of the worst-hit areas in the Midlands, Wales and south Yorkshire, homes and businesses flooded three times in a matter of weeks.

Flood defences get 1% of infrastructure spending
Climate woes grow amid wettest February on record
Storm payouts average out at £32,000 per household

Prime Minister Boris Johnson faced criticism from Labour for going "Awol" during the emergency and for failing to budget enough for flood defences.

But the Treasury said this spending commitment now puts the government "on track" to meet the investment recommended by the National Infrastructure Commission.

The government's Infrastructure and Projects Authority previously projected that it would spent £4.7bn on flood defences up to 2026, but the funding had not been confirmed.

MPs in northern England called for flood defence spending to be reallocated, as the plans showed that a third of the money was expected to be spend in London and the South East of England.

But the Treasury said every region would benefit from the investment and the North East and North West of England would receive the highest level of funding per property at risk of flooding.

Mr Sunak said: "Communities up and down Britain have been hit hard by the floods this winter, so it is right that we invest to protect towns, families, and homes across the UK."

The chancellor is also due to announced a £120m fund to repair flood defences that were damaged in the recent storms, bringing at least 300 schemes back to full operation, the Treasury said.
Posted at 26/11/2018 11:50 by the grumpy old men
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UK the most insulated from extreme climate change risks
Written by staff reporter
2018-11-16

Companies investing in the world’s 100 fastest growing cities will face the highest levels of risk from rising temperatures and increasingly severe weather events brought on by climate change, according to the latest data from global risk analytics company, Verisk Maplecroft. At the other end of the scale, the five cities considered most insulated from the impacts of climate change are all located in the UK.

Out of the 100 fastest growing cities by population, 84 are rated ‘extreme risk’ in Verisk Maplecroft’s 2018 Climate Change Vulnerability Index (CCVI), with a further 14 in the high risk category.

The research combines new UN projections on rates of annual population growth in over 1,800 cities with subnational data from the CCVI and assesses the threat from climate change over the next 30 years.

Over 95% of the 234 cities considered ‘extreme risk’ in the CCVI are in Africa and Asia, compounding fears that the world’s poorest countries are set to pay the highest price of climate change. The scale of the risk could threaten the capital flows that have streamed into these markets to take advantage of burgeoning economies, emerging consumers and cheap labour.

At the other end of the spectrum, 86% of the 292 ‘low risk’ cities are located in Europe and the Americas. The five cities considered most insulated from the impacts of climate change in the CCVI, Glasgow, Belfast, Edinburgh, Preston and Middlesbrough, are all located in the UK.
Posted at 26/10/2018 07:50 by ariane
News

East coast towns will be ‘given up to the sea’


Jillian Ambrose

25 October 2018 • 11:38pm

Around 90 miles of English coastline should be left to fall into the sea because the small communities there are not worth saving from climate change, government advisers have said.

Small towns along England’s east coast are likely to be abandoned to rising sea levels within the lifetime of the children living there today, said the Committee on Climate Change.

Sea levels could rise by more than 3ft by 2080, which would bring flooding for coastal residents, as well as 1,000 miles of major roads, 400 miles of railway line and 55 legacy landfill sites.

The warning of “tough choices” ahead for coastal communities emerged in a report that shows the cost of keeping the sea at bay will outweigh the benefit of saving small towns or low-grade farmland.


It could cost up to £30 billion to shore up the defences of the 1.2 million homes at risk of being submerged or washed away as sea levels rise.

For some communities the eye-watering price to keep rising waters at bay would not be a government investment worth making, the climate experts said.

“It’s time people woke up to the very real challenges ahead,” said Prof Jim Hall, the committee’s adaptation expert.
The sea defences at Happisburgh, north Norfolk have been failing over recent years
The sea defences at Happisburgh, north Norfolk have been failing over recent years Credit: Christopher Furlong/Getty

He said the “complex patchwork” of local council plans and legislation are “optimistic221; and will not be enough to save many communities that wrongly assume that they are protected.

In addition, house prices do not fully reflect the risk to which many homeowners are exposed, meaning property prices in affected areas could slump. Instead, the committee said realistic plans need to be made to manage a retreat from areas that will not be able to justify funding a rescue.

“The Government and local authorities need to talk honestly with those affected about the difficult choices they face. Climate change is not going away: action is needed now to improve the way England’s coasts are managed today and in the future,” he said.

The committee declined to comment on which areas fall within the 90 miles of ill-fated coast. However, areas most at risk of flooding and erosion lie along Kent, East Anglia and parts of Devon. The teetering cliff-top homes in the small Norfolk towns of Hemsby and Happisburgh are already uninhabitable despite government spending of around £260 million across England every year to keep the waves at bay.

The doomed towns are likely to follow the plight of the coastal town in Fairbourne in Wales, which has already been earmarked as a place that should be abandoned to the sea. Its 1,000 residents were stunned by a report that recommended that the town be “decommissioned”.

That shock report triggered plummeting property prices and the threat of legal action by residents against its authors.


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Posted at 21/8/2018 19:27 by ariane
Thick sea ice in the coldest areas of the Arctic is breaking apart for the first time on record

Waters off north coast of Greenland thought to be last hit by climate change
But, scientists have found that the old, thick ice in this area has broken apart
Sea ice here broke apart twice this year, which has never been recorded before

By Cheyenne Macdonald For Dailymail.com

Published: 19:40 BST, 21 August 2018 | Updated: 19:42 BST, 21 August 2018

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A patch of frozen water off the north coast of Greenland once known as ‘the last ice area’ has begun to break apart for the first time on record.

This area of the Arctic is home to the oldest and thickest ice in the region, which has until now withstood the effects of climate change.

While the break-up of sea ice in this part of the Arctic has never been documented in the past, experts say it’s happened twice this year alone as a result of warm winds and hotter temperatures, according to The Guardian.

Scroll down for video
A patch of frozen water off the north coast of Greenland once known as ‘the last ice area’ has begun to break apart for the first time. File photo
+4

A patch of frozen water off the north coast of Greenland once known as ‘the last ice area’ has begun to break apart for the first time. File photo

The waters off the north coast of Greenland are situated in some of the coldest parts of the Arctic, and it’s long been assumed that they would be among the last to experience the melting effects seen in other areas.
PUBLICITÉ

After a period of unusual warmth this past February and at the beginning of August, however, it now appears that may not be the case, The Guardian reports.

The drifting ice has now opened up the biggest gap from the coast ever recorded.

‘Almost all of the ice to the north of Greenland is quite shattered and broken up and therefore more mobile,’ Ruth Mottram of the Danish Meteorological Institute told The Guardian.

On social media, other scientists have said the recent phenomenon is 'scary,' with one animation shared by researcher Leif Toudal showing how the ice has moved.
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Arctic sea ice extent now sits at around 5.7 million square kilometers (2.2 million square miles), according to NSIDC. The sea ice is shown above, with the yellow line representing the median ice edge from 1981-2010
+4

Arctic sea ice extent now sits at around 5.7 million square kilometers (2.2 million square miles), according to NSIDC. The sea ice is shown above, with the yellow line representing the median ice edge from 1981-2010

It’s just the latest in a worrying trend as Arctic sea ice continues to dwindle as a result of the changing climate.

Sea ice extent declined rapidly at the beginning of the summer, and while it isn’t expected to set a new record minimum this coming September, experts estimate it will still be among the lowest in 40 years of keeping track.

‘Through the first two weeks of August, ice extent declined at approximately 65,000 square kilometers (25,100 square miles) per day, slightly faster than the 1981 to 2010 average of 57,000 square kilometers (22,000 square miles) per day,’ according to the National Snow & Ice Data Center.

The pace has finally begun to slow after weeks of above-average activity.
Video playing bottom right...
Sea ice extent declined rapidly at the beginning of the summer, and while it isn’t expected to set a new record minimum this coming September, experts estimate it will still be among the lowest in 40 years of keeping track. The 2018 levels are shown as the blue line above
+4

Sea ice extent declined rapidly at the beginning of the summer, and while it isn’t expected to set a new record minimum this coming September, experts estimate it will still be among the lowest in 40 years of keeping track. The 2018 levels are shown as the blue line above
WHAT ARE THE EFFECTS OF LOWER SEA ICE LEVELS?

The amount of Arctic sea ice peaks around March as winter comes to a close.

NASA recently announced that the maximum amount of sea ice this year was low, following three other record-low measurements taken in 2015, 2016 and 2017.

This can lead to a number of negative effects that impact climate, weather patterns, plant and animal life and indigenous human communities.
The amount of sea ice in the Arctic is declining, and this has dangerous consequences, NASA says
+4

The amount of sea ice in the Arctic is declining, and this has dangerous consequences, NASA says

Additionally, the disappearing ice can alter shipping routes and affect coastal erosion and ocean circulation.

NASA researcher Claire Parkinson said: 'The Arctic sea ice cover continues to be in a decreasing trend and this is connected to the ongoing warming of the Arctic.

'It's a two-way street: the warming means less ice is going to form and more ice is going to melt, but, also, because there's less ice, less of the sun's incident solar radiation is reflected off, and this contributes to the warming.'

Arctic sea ice extent sits at 5.7 million square kilometers (2.2 million square miles) as of August 15, according to NSIDC.

This puts it lower than the average, but still above the record minimum, the experts explain.

The current extent is ‘1.58 million square kilometers (610,000 square miles) below the 1981 to 2010 average, but 868,000 square kilometers (335,000 square miles) above the record low at this time of year recorded in 2012,’ according to NSIDC.

The scientists say the 2018 minimum extent will likely sit between the fourth and ninth lowest on record.
Posted at 09/3/2018 22:25 by grupo
Statoil, Total, Shell prove precocious in weaning from oil
Cassandra Sweet
Friday, March 9, 2018 - 2:15am
Oil companies are responding in different ways to growing pressure to cut the carbon output of their operations and products.
ShutterstockMakhnach S
Oil companies are responding in different ways to growing pressure to cut the carbon output of their operations and products.

When it comes to addressing climate change, oil companies are all over the map.

Meeting this week in Houston at CERAWeek, the world’s biggest oil and gas conference, the world’s biggest oil companies talked about oil and climate change — sometimes in the same sentence.

But while European oil majors such as Statoil and Total spoke about their long-term plans to shift their focus away from oil, toward natural gas and renewable energy, in line with the global transition to a low-carbon economy, their American counterparts appeared less convinced that demand for oil will diminish in future decades.

Amid growing international concerns about climate change and extreme weather events, such as destructive hurricanes, wildfires and droughts that scientists have started linking to global warming, the oil industry is under increasing pressure from investors to take action by adding low-carbon products and services to their businesses.

"The big debate in the industry and among investors is: Is there a role for the (oil) industry to play in a low-carbon transition?" said Andrew Logan, director of oil and gas at Ceres. "Do they bring anything other than cash to the table? That’s very much an open question."

Is there a role for the oil industry to play in a low-carbon transition?

Total plans to shift its focus from oil to natural gas and to expand into electricity, including renewables such as solar power and battery storage, which the company is already invested in, said Patrick Pouyanné, the company’s chairman and chief executive.

"If we’re able to shift all the coal-fired power plants to gas-fired power plants, we would be immediately on the 2-degree roadmap that the Paris Agreement is calling for," he added, speaking at CERAWeek in a session that was webcast. "In 20 years, Total will be first a gas and oil company, with some assets in alternative energies."

In 20 years, Total will be first a gas and oil company, with some assets in alternative energies.

Statoil plans to shift as much as 20 percent of its capital investments into renewables and low-carbon products by 2030. The company has invested about $2.6 billion in renewables in the last several years, particularly in offshore wind farms.

Royal Dutch Shell plans to cut its carbon footprint in half by 2050 by expanding into renewable energy and scaling back growth in oil and gas.

Shell has the right idea, climate mitigation experts say.

Oil and gas companies must cut the carbon emissions intensity of their products by 40 percent to 60 percent by 2050, Cynthia Cummins, a climate expert at the World Resources Institute, wrote in February. The world can afford a limited amount of emissions to avoid a global temperature rise of more than 2 degrees Celsius, she added. That means that absolute carbon emissions from all global energy use needs to fall by 63 percent, and absolute emissions from oil and gas products must fall by 35 percent to 60 percent.

Some U.S. oil company executives who appeared at CERAWeek seemed skeptical of this scenario.

In ConocoPhillips' climate plan, the company describes plans to cut emissions from its operations, by boosting efficiency, plugging leaks and cutting back on gas flaring. But there is little mention of boosting investment in renewable energy, scaling back oil operations or taking other actions that would reduce the company's exposure to oil and petroleum products.

"We’ve never denied the science; we want to debate the policy," Ryan Lance, the company’s chairman and chief executive, said during an appearance at CERAWeek that was webcast. He added that the company plans to reduce its greenhouse-gas intensity over the next 15 to 20 years.

We’ve never denied the science, we want to debate the policy.

ExxonMobil in February acknowledged the threat of climate change, but predicted that global greenhouse-gas emissions will continue rising until 2040, as oil and natural gas is produced to meet more than half the world’s energy demand, with oil providing the largest share, due to strong demand from the commercial transportation and chemical industries.

Exxon released the information as part of a report on energy and carbon, in response to a shareholder resolution that sought climate disclosures about how technology advances and global climate change policies would affect the company.

Meanwhile, the pressure to change continues. Exxon and other oil companies are defending themselves in lawsuits brought by local and state governments that are making their way through the courts.

New York City, San Francisco and other cities are suing Chevron, ConocoPhillips, Exxon, Shell and BP to recover the costs of protecting their cities from climate change impacts such as rising sea levels that the cities argue are the result of decades of greenhouse gases from making and burning petroleum fuels.

New York state is separately suing Exxon over accusations that the company misled investors about how it accounts for climate change impacts on its business.

It’s unclear what effect the lawsuits might have. But policy changes in other parts of the world are sending a clear message.

Among the clearest was an announcement the World Bank made in December that it won’t finance any upstream oil and gas projects after 2019. Instead, the bank plans to focus on providing financing in "transformational areas" such as energy efficiency, solar power and resilience, as part of efforts to help countries meet their climate goals under the Paris Agreement.
Posted at 05/2/2018 17:17 by waldron
Solar Innovation Could Solve Africa’s Water Problem
By Llewellyn King - Feb 05, 2018, 11:00 AM CST Australia solar

Cape Town, South Africa, one of the most beautiful and green cities in the world, will run out of water in April. On “Day Zero” (April 16 by the latest calculation), municipal water supplies from the six dams that feed the city will be exhausted and only hospitals and other vital institutions will have piped water. Everyone else will be scrounging.

Already, there have been long lines and fights at the city’s two natural springs. Bottled water is being hoarded. The prognosis is grim -- and very dry. The first hope for rain is June, a traditionally wet month. But the weather has been so aberrant that nobody knows when it will rain and how much will fall.

Cape Town is not alone but it is one of the most dramatic of the water crises, occasioned by climate change. That change has been most brutal in Africa. Droughts have millions starving and drinking putrid water. The same story in the Caribbean, after the double whammy of two hurricanes.

Much of Africa is in pitiable condition from drought and potable water is just not there for many. Two lasting memories of Africa for me are women walking great distances with water containers on their heads and men with bundles of sticks for cooking fires on theirs. Marry the water with the firewood and a warm meal may be possible.

The Western approach to these problems, since the colonial era, has been big infrastructure: central power stations, dams and water pumped great distances from one of Africa’s big rivers. (It should be noted that Africa has few of these.) Sadly, that solution favors mega-cities over towns, towns over villages and villages over farms.

That is why I was gripped with excitement hearing about a new product that, if deployed widely over the next half century, could help Africa immensely, but in short order can help the stricken Caribbean.
Related: Tajikistan’s Newest Hydropower Project

It is a Swiss Army knife of a power unit, made with off-the-shelf components, that harnesses solar energy to wring water out of the air and make electricity. Anyone who has had to empty a dehumidifier daily knows how much water there is in the air; the more humidity, the greater the water resource.

Aldelano Corporation, an imaginative, minority-owned company with manufacturing in Jackson, Tenn., is making the units. Although there are other air-to-water systems using solar, generally these are small and aimed at single family use. Aldelano is integrating water, power and even ice production in a Solar WaterMaker -- a 40-foot-long box with an industrial design life of 20 years.

Al Hollingsworth, CEO of Aldelano, has been providing solar-powered cold rooms for food processors as part of the company's business in packaging for decades. Hollingsworth founded the company in 1967 and its clients are biggies like Kellogg’s and Procter & Gamble.

Now he is in the midst of shipping the first 100 water-makers to buyers in the hurricane-ravaged islands of the Caribbean: Antigua and Barbuda, and the British Virgin Islands. Puerto Rico, where 30 percent of the inhabitants, mostly rural, are without power and clean water is a candidate but has not yet ordered any units.

Hollingsworth told me that each unit produces up to 1,000 gallons a day and can produce electricity to light seven homes. This gives “off- the-grid” a new dimension.

I have been writing about energy for decades, and longer than that about Africa, and here is a melding of old products into a new one, which is something that can make a difference there. The technology of the wind0w air conditioner meets the technology of solar arrays, batteries and the latest compressors.
Related: How Globalization Will Create An Energy Crisis

Much of the world has looked to ease its potable water shortage with seawater desalination. There are two big problems, though: It takes a lot of power to do it -- whether with reverse osmosis or flash boiling -- and, the biggest problem, its by-product is salt. Millions of tons of the stuff presents a potential environmental catastrophe.

Where there is sun and humidity, there can be safe drinking water. Few things are more needed and the World Health Organization says 2 billion people are without it.

The people without clean drinking water are the same ones without electricity. Water from air and electricity from solar will not solve the problem but can help, one light bulb and one glass of water at a time.

By Llewellyn King for Oilprice.com
Posted at 10/11/2017 07:54 by waldron
'What's your other option, war?': Macron blasts Trump's policy towards Iran
AFP
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@thelocalfrance
10 November 2017
08:44 CET+01:00
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'What's your other option, war?': Macron blasts Trump's policy towards Iran
Photo: AFP
French president Emmanuel Macron wants Donald Trump to back the 2015 Iran nuclear agreement or come up with another option. If not then Iran will end up with nuclear weapons, Macron says.

US pressure to renegotiate the Iran nuclear deal could push Tehran into deciding to build its own nuclear weapons, French President Emmanuel Macron warned in an interview published Thursday.

"If you want to stop any relation with Iran regarding nuclear activity, you will create a new North Korea," Macron told Time magazine.

"If you stop the 2015 agreement, what's your other option? To launch war? To attack Iran? I think it would be crazy in the region," he said.

Macron called the Joint Comprehensive Plan of Action agreed in July 2015 between Iran and six powers, including France and the United States, "the best possible deal regarding Iran."

But US President Donald Trump has labelled the agreement too lenient on Iran and accuses the country of violating it, calling for a renegotiation.

If the US abrogates the JPCOA, Macron said, it will backfire.

"Because it's exactly what we experienced with North Korea. And suddenly you will wake up in ten to twelve years time without any control, but (Iran)
having the nuclear weapon."

Macron said he wants Washington to join an effort to force Iran to stop supplying ballistic missiles to its allies in the region, pointing to the
missile launched at Saudi Arabia last week by Yemen's Houthi rebels.

"So we should negotiate a new series of criteria and a new treaty with Iran to stop their ballistic activities in the region."

Macron also explained why Trump was not invited to the Paris climate summit in December.

"I made it very clear from the very beginning that there is no renegotiation of the Paris Agreement," the 2015 global pact to fight climate change agreed by president Barack Obama but rejected by Trump.
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"Because he cannot renegotiate with more than one hundred eighty or 190 countries," Macron said.

"We are definitely making the reforms too slowly," Macron noted. "It's very important to deliver the message and to show the strong evidence of the fact that Paris Agreement is still active."

If Trump offers a new climate initiative that would go further than the existing one, Macron said, "I would be very happy."

"But I just say what is unacceptable is to deliver speeches without any deeds and any reality."
Posted at 02/9/2017 08:28 by the grumpy old men
World Water Week Closes: Values of Water Must Be Better Understood

News provided by
Stockholm International Water Institute (SIWI)

Sep 01, 2017, 11:10 ET

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STOCKHOLM, September 1, 2017 /PRNewswire/ --

Understanding and recognizing the many different values attached to water is a key to more efficient use - a must as more people have to share the world's limited freshwater.

World Water Week closed on Friday, having welcomed over 3,200 participants from 133 countries.

Water is the lifeline of our civilization. Without it, there is no hope of sustaining households, industries, food and energy production, or such key functions as hospitals.

A growing global population is creating a higher demand for freshwater. Climate-driven changes in weather patterns, leading to extended droughts and devastating floods, further exacerbate pressure on our common water resources. Access to safe water is necessary in order to implement the global development agenda.

"With increasing scarcity, we must recognize the many values attached to water, be it economic, social, environmental, cultural or religious. I believe that by re-valuing water, we will develop a deeper understanding and respect for this precious resource, and thus be better prepared for more efficient use," said SIWI's Executive Director Torgny Holmgren

Throughout World Water Week, links were made between the different values of water, including its monetary value. "I believe we will see more diverse pricing structures in the future, allowing for more economical and efficient use," said Holmgren.

Nomvula Mokonyane, Minister of Water and Sanitation in South Africa, stressed that we need to embrace new technologies. "We cannot afford to continue to do what we did yesterday and expect to see a different result tomorrow. We must be bold!" she said.

Mark Watts from C40, that gathers city mayors, spoke about risks that big cities face: "Water pattern disruption is often the first sign of serious climate impacts and 70 per cent of our member cities are already seeing the significant and negative impacts of climate change. 64 per cent of our member cities face significant risk from surface and flash floods," he said.

During World Water Week, Stockholm Junior Water Prize was awarded to Ryan Thorpe and Rachel Chang, USA, by H.R.H. Crown Princess Victoria of Sweden. Stockholm Water Prize was presented to Professor Stephen McCaffrey, USA, by H.M. Carl XVI Gustaf, King of Sweden, and patron of the prize.

Information about World Water Week and Stockholm International Water Institute: and

Contact: Rowena Barber, rowena.barber@siwi.org, +46-8-1213-6039

SOURCE Stockholm International Water Institute (SIWI)
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