Opinion divided on benefits of water futures market

Water futures have now been trading on the market for two years. But the commodification of the most basic human need remains controversial, and throws up issues about what is, and should be, considered a commodity.

When former Nestle CEO Peter Brabeck-Letmathe said “water is not a right and should have a market value” in 2005, there was an immense backlash. Due to the fact that Nestlé itself is a major producer of bottled water, it was a sign there was something very wrong with how this essential

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