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Will Water Pricing Be the Next Carbon Pricing?

The price of water — essential for human life, nature, communities and businesses — is often subsidized, reflecting a commonly held belief that everyone should have abundant access to clean water. But in many locations, those prices don’t reflect the true cost of addressing issues such as water quality or scarcity. That makes it difficult for companies to fully evaluate and account for the business risk of supplies drying up as a result of climate change.