An Update on the Desalination Market

This is a very good and timely update on trends in the global desalination market.  A couple of notable points from the article:

"Water right now is a strain on this planet more than carbon,” Dow Chemical Co. (DOW) Chief Executive Officer Andrew Liveris said in an interview this month in London. “We mismanage water terribly. It’s going to be a big issue.”

And - -

“This is potentially a huge growth area,” said Ian Simm, chief executive officer of Impax Asset Management Group Plc (IPX), a London-based investor with about $2.8 billion in funds. “It’s only viable where the price of water is high and the cost of energy is low.”

Finally - -

“Desalination is a technology that makes economic sense for very specific niche situations where there is little or no recurring source of groundwater,” said Philippe Rohner, portfolio manager in Geneva at Pictet Asset Management SA running the $2.8 billion Global Water Fund. “Water re-use or recycling offers more investment opportunities.”