At the Clean-Tech Investor Summit in Indian Wells, Calif., this week, Peter Gleick, co-founder and president of the Pacific Institute and one of Wired magazine’s 15 people President Obama should listen to, compared the global water situation to that of oil and said that a time of “peak water” might be coming. It’s not that the world will actually run out of water. After all, water is mostly a renewable resource. “[B]ut we may run out of the ecological value that the water provides,” Gleick said in a keynote speech Wednesday.
Water already has reached or exceeded peak ecological limits in many places around the world, he said, noting that 200 million people die of water-related diseases every year. And that is a risk, not only to people and to the environment, but also to industry. The risks to companies are “both real and growing,” he said, adding that very few companies don’t depend on water for something. Companies that use water to make everything from clothing or semiconductors face growing competition, especially from agriculture, which uses 80 percent of the water used by humans, he said.
That’s leading to higher costs and limits on water use in some markets, such as water-constrained Beijing, which stopped permitting new water-intensive businesses to set up around the city, he said. “If water is dirty, you need to pay to treat it up front, not to mention [cleaning it again] afterward to meet standards,” he said. “In the past, water has typically been thought of as a low-cost input to production – and it’s still low-cost in some areas – but that’s changing.”





