Trucost News / 12 Jun 2012

Resource depletion: Opportunity or looming catastrophe?

Trucost provided insight into how companies’ profits would be affected if water were to be priced according to its availability for the BBC.

Trucost has calculated that more than a quarter of profits of the world’s biggest companies would be wiped out if water was priced to reflect its value, as it must be.

Dr Richard Mattison, chief executive, Trucost said “water underpins the production of pretty much every manufactured product on earth – for example, almost 50 gallons are used to extract one gallon of oil.”

Read article Resource depletion: Opportunity or looming catastrophe?

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