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S4E6 - How Water Trading Unbelievably Killed One Million Fishes (and a River)

S4E6 - How Water Trading Unbelievably Killed One Million Fishes (and a River)

From(don't) Waste Water! | Water Tech to Solve the World


S4E6 - How Water Trading Unbelievably Killed One Million Fishes (and a River)

From(don't) Waste Water! | Water Tech to Solve the World

ratings:
Length:
63 minutes
Released:
Dec 1, 2021
Format:
Podcast episode

Description

with ?️ Scott Hamilton, Researcher, Policy Advisor and author of "Sold Down the River" 
? in "Sold Down the River," Scott Hamilton and Stuart Kells explore how Robber Barons and Wall Street Traders Cornered Australia’s Water Market.

What we covered: 

? How the Murray-Darling River Basin spreads across 4 states, produces 40% of Australia's food, and creates $24 billion of yearly agricultural value 
? How it isn't really Water anymore, flowing in the Murray River, but liquid money 
? How the liberal breeze of the 1980s induced the creation of the Australian Water Trading Market 
? How the Millennium Drought pushed the Australian regulators to go harder, quicker, and further than any other country when it comes to Water Trading 
? How this is supposed to help Water flow to its best use 
? How instead, it pushes Water to flow where the most money can be extracted from the system 
? How hedge funds can push individual farmers and irrigators to their maximum willingness to pay, and how they do it all the time 
? How the Murray River's 70'000 years-long memoir and how connected it is to Australia's history 
? How the trading of Water completely changed the demography of the Murray-Darling Basin 
? How financial players were invited into the market to provide liquidity - and how that failed 
? How the water market, unlike traditional commodity markets, is totally deregulated 
? How farmers did not stand a chance against professional traders with bots, information, and deep pockets 
? How the best soils now dry out and how the government had to step in to buy low-flow Water on the market 
? Dying fishes, moving indigenous graves, influence of Climate Change, Environmental & cultural impacts... and much more!
? ... and of course, we concluded with the ????? ???? ????????? ? 

➡️ Get the Full Story (including an infographic and full transcript) here: https://dww.show/how-water-trading-unbelievably-killed-one-million-fishes-and-a-river/
Released:
Dec 1, 2021
Format:
Podcast episode

Titles in the series (100)

❓ Ever wondered how the #WaterIndustry was reacting to our World's Water Challenges? Water Scarcity? #SDG6? Emerging contaminants? Climate Change? Circular Economy? Digitization and Smart Water? ? Get the Water Market pulse, for free. In one hour per week, while you do the dishes! ? Get inspired by incredible guests, Water Entrepreneurs, Thought Leaders, Book Authors, Scientists, and Investors ➡️ Leverage their insights, advice & experience and ensure to stay on top of best practices ?️ Tune in every Wednesday, (don't miss out! ?) ? Find all the detailed episode notes, interviews, infographics, and more on http://dww.show