Science Fiction
Dictionary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 |
Venture Capitalists Fight Over Water
Water is essential to human life and to corporate life; great supplies of clean water are needed in many industrial processes. If the investments of a famous Texas oil man are any indicator, the fight over water is just getting started.
T. Boone Pickens is a member of the Forbes 400 with an estimated net worth of over $2.7 billion. His fortune is based on oil and gas. Where is he placing his investments now?
Water rights. His new company, Mesa Water, has been buying up ground water rights in Roberts County, Texas - 200,000 acres in all. He says that over a 30-year period, he expects to make more than $1 billion on his investment of $75 million. Pickens wants to take the water from the Ogallala Aquifer and pump about 200,000 acre feet of groundwater annually to El Paso, Lubbock, San Antonio, or Dallas-Fort Worth - for a price, of course.
(Water rights cost)
Pickens has no qualms about charging people for water and has a ready quip for those who think it wrong to do so. “I know what people say - water’s a lot like air. Do you charge for air? ’Course not; you shouldn’t charge for water,” says he. “Well, OK, watch what happens. You won’t have any water.”Of course, Pickens is right. Many others are coming to the realization that water is too cheap. Hence, water rights are a great buy today.
Science fiction fans may recal Tank Girl, a dystopian film set in 2033. Water is scarce and a corporate monopoly, Water & Power, controls it. Outlaw groups seek to become "water-independent" by trying to sink a well in the basement of a house.
Read more in T. Boone Pickens invests in water and Water is the new oil; thanks to Moira for pointing this story out.
Scroll down for more stories in the same category. (Story submitted 8/6/2008)
Follow this kind of news @Technovelgy.| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |
Would
you like to contribute a story tip?
It's easy:
Get the URL of the story, and the related sf author, and add
it here.
Comment/Join discussion ( 2 )
Related News Stories - (" Engineering ")
'Whisper Mode' ala Blue Thunder Researched At Bristol
'Forest Lawn.' from 'Blue Thunder' 1983.
Moonwalkers AI-Controlled Electric Shoes
Now that's power walking that Hugo Gernsback would have approved.
Electric Catamaran 'Explorer Eco 40m' Has 'Solar Skin'
'On went the electric-yacht faster and still faster.' - John Baker Hopkins, 1885.
Harvest Power From Tears And Blinking With Smart Contact Lens
'...he realized that it was not quite a clear lens. Speckles of colored brightness swirled and gathered in it.' - Vernor Vinge, 2001.
Technovelgy (that's tech-novel-gee!) is devoted to the creative science inventions and ideas of sf authors. Look for the Invention Category that interests you, the Glossary, the Invention Timeline, or see what's New.
Science Fiction
Timeline
1600-1899
1900-1939
1940's 1950's
1960's 1970's
1980's 1990's
2000's 2010's
Current News
Brin's 1990 Novel Earth Still Full Of Predictions
'... making the point that their likenesses, every move they made, were being transmitted.'
'Whisper Mode' ala Blue Thunder Researched At Bristol
'Forest Lawn.'
Gaia - Why Stop With Just The Earth?
'But the stars are only atoms in larger space, and in that larger space the star-atoms could combine to form living matter, thinking matter, couldn't they?'
Microsoft VASA-1 Creates Personal Video From A Photo
'...to build up a video picture would require, say, ten million decisions every second. Mike, you're so fast I can't even think about it. But you aren't that fast.'
Splendid View Of Eclipse From Orbit Visualized And Repurposed By Arthur C. Clarke
'The area affected was five hundred kilometres across, and perfectly circular.'
Bespoke Environment Music From AIs
'Call 'em Winter Mute," said the other, making it two words.'
Goldene - A Two-Dimensional Sheet Of Gold One Atom Thick
'Hasan always pitched a Gauzy - a one-molecule-layer tent, opaque, feather-light, and very tough.'
SpaceX Wants A Moonbase Alpha
'And he had been sent with troops, supplies and bombs to command Russia's most trusted post, the Moonbase.'
Vast Apartment Living Will Get Even More Vast
'What is your population', I asked. 'About eighty millions.'
NASA Wants Self-Driving Or Remote-Controlled Vehicles For Lunar Astronauts
'THE autobus turned silently down the wide street of Hydropole. Robot-guided, insulated from noise and cold...'
Elon Musk Says Robotaxis Will Be Ready This August, 2024
'The car had no steering wheel, and no one drove!'
Moonwalkers AI-Controlled Electric Shoes
Now that's power walking that Hugo Gernsback would have approved.
Steve Jobs: 'Capture The Next Aristotle - With AI'
'It was disturbing to think of the Flatline as a construct...'
No Tips! Robotic Food Delivery In Phoenix
'...he rewired the delivery robot so that it would serve him midnight snacks.'
Electric Catamaran 'Explorer Eco 40m' Has 'Solar Skin'
'On went the electric-yacht faster and still faster.'
Orbital Mechanics, The Liftoff, The Turnover, The Retrograde Burn
'...the huge vessel had spun, with a sickening lurch, through a complete half-circle, the instant the power was reversed.'
