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Water pricing debate bubbles up in Portugal amid intensifying droughts

Financial Times LogoFinancial Times12h ago

Water pricing debate bubbles up in Portugal amid intensifying droughts - Financial Times

Quick Summary:

Should the state look to maximise crop revenue by giving farms using the latest technology the ability to bid for more water, at the expense of farms — often owned by locals — with older infrastructure?

In Australia, environment ministers purchase water to flow into rivers, for ecological stewardship, in the same way farmers and other users bid for water: on the market.

Three years ago, Salema, of Edia, travelled to California to meet officials from the US Bureau of Reclamation and the state water regulator about their approach.


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Article Details

Author / Journalist: Lee Harris

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 11:00:48 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1373 words

Reading Time: 8 minutes read

Sentences: 58 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 22331123

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 9 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 18 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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