A Cautionary Tale of Too Little and Too Much Water

We have two major environmental concerns that are impacting us now and will continue to do so, unless we plan and execute a more dramatic strategy. One gets too little air time, while the other gets talked about, but is under constant attack by hired public relations people who are highlighted in the documentary ‘Merchants of Doubt” and the most recent airing of “Vice” on HBO. First, we have a growing fresh water shortage problem that is predicted to get worse in drought stricken and other areas. Second, we have an increasing intrusion of salt water in low-lying coastal areas that will also get far worse than predicted, likely displacing 300 million people by century’s end.

Fresh water is one of our two most dear resources on the planet, with the other being the air we breathe. Managing a predicted water shortage may be one of the most crucial tasks in front of us, yet we do not give sufficient news coverage to this looming problem. I would encourage you to read one of the best history books I have ever read by Steven Solomon called “Water: The Epic Struggle for Wealth, Power and Civilization.”  The book does more than look backwards as it highlights a major concern going forward and uses the term “water is the new oil.” A link is provided below to an article on the book.

Any investment that requires the substantial use of water needs to factor that use in its Return on Investment calculations. I am against fracking for several reasons, but my greatest fear is the significant use of water that we cannot let trickle back into our water supply. When this issue is scoffed at by industry people, it should be noted that in the past couple of years frackers and farmers have been fighting over water in California, Kansas and Oklahoma. It should be noted in some areas of Texas, which is heavily drought prone, about 20% of an area’s water supply goes to fracking.

I use the fracking case as an example. We must be mindful of coal ash supplies near water sources, which is where they almost always are placed. We must be mindful of developers and how run off can occur from houses built on various lakes. We must be mindful of where we have placed dams and where we may have straightened out rivers, which can be harmful. And, we must re-emphasize conservation of water through the use of waterless water heaters, planting more endemic plants to an area, less water sprinkling, gray water plumbing for toilets, and what Orange County has done with sewage water which is treated and filtered many times over and reused as drinking water (yes, it is drinkable).

The other major concern relates to the impact of climate change on coastal locations, especially those below or at sea level. Climate change has many impacts, one of which is to make drought prone areas worse, but the rising sea levels is getting more attention. And, after watching what is happening in Antarctica and Greenland on the documentary “Vice,” the scientists who measure the impact on melting ice masses say it is too late to save Antarctica from severely melting with what we have done thus far.

The “Merchants of Doubt” who are the hired guns of the fossil fuel industry note that Antarctica is growing in ice mass. Yet, this is clearly refuted by the scientists doing the annual measuring noting the PR folks are purposefully confusing sea ice with land ice. The “sea ice” is thawing and refreezing to the tune of a meter thick, while the “land ice” which is kilometers thick is melting away and that is the major problem. The scientists equate it to ice thawing in a glass and refreezing (sea ice) versus adding more melted ice to the glass (land ice) which is causing the glass to run over. I make this distinction as the “Merchants of Doubt” are very good at what they do and are well paid by the industry to cause this doubt. Just remember the overflowing glass as a metaphor for what is actually happening versus the false message put forth by deniers.

The sad truth is people and some leaders believe this messaging and it is actually harming our planet and its inhabitants by delaying what needs to be done. The country of Bangladesh is being consumed by the encroaching waters in a very noticeable way. Impoverished people who farm and fish are required to move to overcrowded cities. The country of Denmark developed a long-range plan that had to survive different parties in power, so it had the buy-in of everyone. Ecuador is fighting a never-ending battle against the relentless sea. The City of Miami’s county (Dade County) has joined with three adjacent counties to invest $200 million into plans to stave off the encroaching sea water which is coming up through the storm drains in the streets more frequently. Below is a link to an article on the renewed efforts.

The rising sea levels will impact every low-lying area on the planet and is already consuming islands like the Cartaret Islands, whose ambassadors had to go to larger islands to ask if they could move there. It is also making the impact of hurricanes worse and will continue to do so. Climate scientists note hurricanes hitting shore with higher sea levels is like dunking a basketball off a raised court. The damage is more severe. Hurricane Sandy is a precursor to what will happen more often. This is where the cost of repair comes into play which totaled in the hundreds of billions, just with Sandy.

But, don’t take my word for it, read for yourself. I am not a scientist, but I can read. 97% of scientists note that man-influenced climate change is a happening and is a major concern. Out of 14,000 peer-reviewed scientific papers on climate change, only three were contrarian. Mercer Investment Consulting surveyed the largest pension scheme sponsors on the planet and these sponsors estimate the cost of climate change impact will be in the tens of trillions of dollars. Marsh, the largest risk management firm in the world, is speaking routinely with clients about managing risk of coastal assets. Georgia State University, one of the most well known risk management and actuarial schools in the US, has a curriculum around planning for climate change. Wall Street is factoring in the cost of climate change risk in their pricing. You also have the conclusions of the National Oceanic and Atmospheric Administration, NASA, the UN International Panel of Climate Change, and the American Association for the Advancement of Science on man-influenced climate change. And, it goes on.

These two water issues are critical to our future. We are past time on acting and we need to plan and execute accordingly. We do not need well paid BS artists using science out of context to further prevent action from happening. We are at a point where we must question politicians on what we should do about these issues. And, if they say climate change or global warming is hoax, do us all a favor and do not vote for them. If they do not recognize water shortage as the major problem it is has become, do not vote for them. If they say it is a jobs issue more so than an environmental issue, note that the one of the fastest growing industries for jobs is the solar energy industry, which is averaging annual double-digit growth with 174,000 US jobs at year-end. The wind energy industry is growing as well and could also grow at the same clip with even more investment. And, the sun shines and wind blows in every state, some more so than others, so the energy impact and job creation can be spread around.

If anything, please understand the importance of these two issues. Question everything, especially politicians, leaders and so-called news sources. We do not have time to wait on leaders to catch-up. We need to make them catch-up. If they don’t or are not willing, get leaders who will look at real data and listen to unbiased science and help us do something about our problems. Our failure to act has made this even more crucial.

http://www.huffingtonpost.com/steven-solomon/water-is-the-new-oil_b_380803.html

http://www.law360.com/articles/613588/miami-dade-officials-accelerate-response-to-sea-level-rise